2, HAZEL DRIVE, MARTHAM, GREAT YARMOUTH, NR29 4QL - £181,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 HAZEL DRIVE is a small detached house of 77m², built sometime between 2003 and 2006, which could now be worth an estimated £324,673. It was last sold for £181,000 in January 2012, which was about the average January 2012 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

2 HAZEL DRIVE Sold Prices

Land registry data shows two sales for 2 HAZEL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Great Yarmouth local authority area for the corresponding sale date. One of the two 2 HAZEL DRIVE sales was roughly equal to the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 30 JAN	£181,000	£180,943	Close to HPI
2005 20 DEC	£167,500	£180,219	7% below HPI

2 HAZEL DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Great Yarmouth local authority area over time, sourced from the HPI. The two 2 HAZEL DRIVE sales from December 2005 and January 2012 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2012 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 2 HAZEL DRIVE be worth now?

2 HAZEL DRIVE might now be worth an estimated £324,673.

This is based on house price inflation of 79.4%, between January 2012 and February 2025, for detached houses, in the Great Yarmouth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 79.4% inflationary increase is applied to the most recent sale price for 2 HAZEL DRIVE of £181,000 on 30th January 2012. For the value to have increased from £181,000 to £324,673 over the twelve years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 HAZEL DRIVE has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The January 2012 sale price of £181,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HAZEL DRIVE has not materially changed since January 2012.

How Large is 2 HAZEL DRIVE?

2 HAZEL DRIVE is 77m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 30% of detached houses houses in Martham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Martham, and where 2 HAZEL DRIVE lies on this distribution: 24% of detached houses houses are smaller than 2 HAZEL DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Martham.

2 HAZEL DRIVE: Plot and Title Map

2 HAZEL DRIVE sits on a plot of roughly 0.166 of an acre, or 673m². The below map shows the location of 2 HAZEL DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 HAZEL DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 HAZEL DRIVE?

2 HAZEL DRIVE is located in MARTHAM, in the NR29 postcode district. The below map shows the position of No. 2 on HAZEL DRIVE.