2, MOREGROVE LANE, MARTHAM, GREAT YARMOUTH, NR29 4QA - £245,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 MOREGROVE LANE is a large extended detached house of 124m², built sometime between 1967 and 1975. It was last sold for £245,000 in July 2010, which was around 31% above the average July 2010 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

2 MOREGROVE LANE Sold Prices

Land registry data shows two sales for 2 MOREGROVE LANE 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. Both of the two 2 MOREGROVE LANE sales were for above 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
2010 9 JUL	£245,000	£187,317	31% above HPI
2000 7 JUL	£120,000	£85,578	40% above HPI

2 MOREGROVE LANE 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 MOREGROVE LANE sales from July 2000 and July 2010 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 July 2000 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the July 2010 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 2 MOREGROVE LANE?

2 MOREGROVE LANE is 124m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the largest 30% of detached houses in Martham, based on EPC data. The below chart shows the distribution of detached houses by size in Martham, and where 2 MOREGROVE LANE lies on this distribution: 78% of detached houses are smaller than 2 MOREGROVE LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Martham.

2 MOREGROVE LANE: Plot and Title Map

2 MOREGROVE LANE sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of 2 MOREGROVE LANE, 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 MOREGROVE LANE). 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 MOREGROVE LANE?

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