21, SOMERTON ROAD, MARTHAM, GREAT YARMOUTH, NR29 4QF - £155,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

21 SOMERTON ROAD is a very small extended detached house of 75m², built sometime between 1950 and 1966. It was last sold for £155,000 in November 2014, which was around 24% below the average November 2014 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

21 SOMERTON ROAD Sold Prices

Land registry data shows three sales for 21 SOMERTON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Great Yarmouth local authority area for the corresponding sale date. All of the three 21 SOMERTON ROAD 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
2014 28 NOV	£155,000	£203,014	24% below HPI
2006 16 JUN	£155,000	£186,267	17% below HPI
2005 19 JAN	£140,000	£178,212	21% below HPI

21 SOMERTON ROAD 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 three 21 SOMERTON ROAD sales between January 2005 and November 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 June 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2014 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 21 SOMERTON ROAD?

21 SOMERTON ROAD is 75m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses in Martham, based on EPC data. The below chart shows the distribution of detached houses by size in Martham, and where 21 SOMERTON ROAD lies on this distribution: 19% of detached houses are smaller than 21 SOMERTON ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Martham.

21 SOMERTON ROAD: Plot and Title Map

21 SOMERTON ROAD sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 21 SOMERTON ROAD, 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 21 SOMERTON ROAD). 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 21 SOMERTON ROAD?

21 SOMERTON ROAD is located in MARTHAM, in the NR29 postcode district. The below map shows the position of No. 21 on SOMERTON ROAD.