2, WALNUT TREE AVENUE, MARTHAM, GREAT YARMOUTH, NR29 4QS - £205,000

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 WALNUT TREE AVENUE is a small detached house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £339,855. It was last sold for £205,000 in March 2014, which was around 5% above the average March 2014 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

2 WALNUT TREE AVENUE Sold Prices

Land registry data shows two sales for 2 WALNUT TREE AVENUE 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 WALNUT TREE AVENUE 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
2014 10 MAR	£205,000	£195,781	5% above HPI
2004 25 MAR	£179,950	£158,497	14% above HPI

2 WALNUT TREE AVENUE 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 WALNUT TREE AVENUE sales from March 2004 and March 2014 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 March 2004 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the March 2014 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 2 WALNUT TREE AVENUE be worth now?

2 WALNUT TREE AVENUE might now be worth an estimated £339,855.

This is based on house price inflation of 65.8%, between March 2014 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 65.8% inflationary increase is applied to the most recent sale price for 2 WALNUT TREE AVENUE of £205,000 on 10th March 2014. For the value to have increased from £205,000 to £339,855 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of 2 WALNUT TREE AVENUE has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The March 2014 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WALNUT TREE AVENUE has not materially changed since March 2014.

How Large is 2 WALNUT TREE AVENUE?

2 WALNUT TREE AVENUE is 84m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 40% 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 WALNUT TREE AVENUE lies on this distribution: 36% of detached houses houses are smaller than 2 WALNUT TREE AVENUE, and 63% of houses are larger. Note that EPC data is not available for all properties in Martham.

2 WALNUT TREE AVENUE: Plot and Title Map

2 WALNUT TREE AVENUE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 2 WALNUT TREE AVENUE, 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 WALNUT TREE AVENUE). 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 WALNUT TREE AVENUE?

2 WALNUT TREE AVENUE is located in MARTHAM, in the NR29 postcode district. The below map shows the position of No. 2 on WALNUT TREE AVENUE.