29, THE PROMENADE, SCRATBY, GREAT YARMOUTH, NR29 3PA - £240,000

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

29 THE PROMENADE is a midsized detached house of 87m², built sometime between 1967 and 1975. It was last sold for £240,000 in February 2022, which was around 23% below the average February 2022 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

29 THE PROMENADE Sold Prices

Land registry data shows four sales for 29 THE PROMENADE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Great Yarmouth local authority area for the corresponding sale date. All of the four 29 THE PROMENADE 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
2022 18 FEB	£240,000	£311,839	23% below HPI
2020 22 DEC	£175,000	£274,496	36% below HPI
2002 28 JUN	£105,000	£119,351	12% below HPI
1999 18 NOV	£25,000	£78,375	68% below HPI

29 THE PROMENADE 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 four 29 THE PROMENADE sales between November 1999 and February 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 2020 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 29 THE PROMENADE?

29 THE PROMENADE is 87m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 50% of detached houses in Scratby, based on EPC data. The below chart shows the distribution of detached houses by size in Scratby, and where 29 THE PROMENADE lies on this distribution: 41% of detached houses are smaller than 29 THE PROMENADE, and 57% of houses are larger. Note that EPC data is not available for all properties in Scratby.

29 THE PROMENADE: Plot and Title Map

29 THE PROMENADE sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 29 THE PROMENADE, 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 29 THE PROMENADE). 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 29 THE PROMENADE?

29 THE PROMENADE is located in SCRATBY, in the NR29 postcode district. The below map shows the position of No. 29 on THE PROMENADE.