2, WOODSTOCK WAY, MARTHAM, GREAT YARMOUTH, NR29 4SY - £275,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 WOODSTOCK WAY is a midsized extended detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £321,810. It was last sold for £275,000 in May 2021, which was around 1% below the average May 2021 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was C.

2 WOODSTOCK WAY Sold Prices

Land registry data shows two sales for 2 WOODSTOCK WAY 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 WOODSTOCK WAY sales were 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
2021 14 MAY	£275,000	£277,359	1% below HPI
1995 15 DEC	£57,500	£58,401	2% below HPI

2 WOODSTOCK WAY 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 WOODSTOCK WAY sales from December 1995 and May 2021 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 1995 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2021 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 2 WOODSTOCK WAY be worth now?

2 WOODSTOCK WAY might now be worth an estimated £321,810.

This is based on house price inflation of 17%, between May 2021 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 17% inflationary increase is applied to the most recent sale price for 2 WOODSTOCK WAY of £275,000 on 14th May 2021. For the value to have increased from £275,000 to £321,810 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 2 WOODSTOCK WAY has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The May 2021 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WOODSTOCK WAY has not materially changed since May 2021.

How Large is 2 WOODSTOCK WAY?

2 WOODSTOCK WAY is 97m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 50% 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 WOODSTOCK WAY lies on this distribution: 55% of detached houses houses are smaller than 2 WOODSTOCK WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Martham.

2 WOODSTOCK WAY: Plot and Title Map

2 WOODSTOCK WAY sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 2 WOODSTOCK WAY, 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 WOODSTOCK WAY). 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 WOODSTOCK WAY?

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