21, THE ESPLANADE, SCRATBY, GREAT YARMOUTH, NR29 3NZ - £350,000

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

21 THE ESPLANADE is a large extended detached house of 114m², built sometime between 1950 and 1966. It was last sold for £350,000 in August 2022, which was around 5% above the average August 2022 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was B.

21 THE ESPLANADE Sold Prices

Land registry data shows three sales for 21 THE ESPLANADE 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. One of the three 21 THE ESPLANADE sales was for above the average price, whilst two 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
2022 5 AUG	£350,000	£333,731	5% above HPI
2012 10 DEC	£125,000	£187,789	33% below HPI
2005 3 JUN	£128,000	£180,785	29% below HPI

21 THE ESPLANADE 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 THE ESPLANADE sales between June 2005 and August 2022 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 2012 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2022 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 21 THE ESPLANADE?

21 THE ESPLANADE is 114m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the largest 40% of detached houses in Scratby, based on EPC data. The below chart shows the distribution of detached houses by size in Scratby, and where 21 THE ESPLANADE lies on this distribution: 65% of detached houses are smaller than 21 THE ESPLANADE, and 35% of houses are larger. Note that EPC data is not available for all properties in Scratby.

21 THE ESPLANADE: Plot and Title Map

21 THE ESPLANADE sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 21 THE ESPLANADE, 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 THE ESPLANADE). 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 THE ESPLANADE?

21 THE ESPLANADE is located in SCRATBY, in the NR29 postcode district. The below map shows the position of No. 21 on THE ESPLANADE.