24, BACK LANE, MARTHAM, GREAT YARMOUTH, NR29 4PE - £432,000

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

24 BACK LANE is a very large detached house of 169m², built sometime between 1996 and 2002. It was last sold for £432,000 in December 2021, which was around 40% above the average December 2021 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

24 BACK LANE Sold Prices

Land registry data shows two sales for 24 BACK 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 24 BACK 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
2021 7 DEC	£432,000	£307,659	40% above HPI
2017 26 JUN	£290,000	£237,433	22% above HPI

24 BACK 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 24 BACK LANE sales from June 2017 and December 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 June 2017 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the December 2021 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 24 BACK LANE?

24 BACK LANE is 169m² according to the EPC inspection conducted in October 2021. This puts it in the largest 10% of detached houses in Martham, based on EPC data. The below chart shows the distribution of detached houses by size in Martham, and where 24 BACK LANE lies on this distribution: 93% of detached houses are smaller than 24 BACK LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Martham.

24 BACK LANE: Plot and Title Map

24 BACK LANE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 24 BACK 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 24 BACK 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 24 BACK LANE?

24 BACK LANE is located in MARTHAM, in the NR29 postcode district. The below map shows the position of No. 24 on BACK LANE.