3, WALNUT TREE AVENUE, MARTHAM, GREAT YARMOUTH, NR29 4QS - £305,000

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.

3 WALNUT TREE AVENUE is a small detached house of 78m², built sometime between 2003 and 2006, which could now be worth an estimated £382,010. It was last sold for £305,000 in September 2020, which was around 18% above the average September 2020 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

3 WALNUT TREE AVENUE Sold Prices

Land registry data shows four sales for 3 WALNUT TREE AVENUE 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 3 WALNUT TREE AVENUE 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
2020 7 SEP	£305,000	£259,140	18% above HPI
2018 23 OCT	£268,000	£254,686	5% above HPI
2007 12 SEP	£244,995	£212,618	15% above HPI
2005 28 JAN	£190,000	£176,365	8% above HPI

3 WALNUT TREE AVENUE 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 3 WALNUT TREE AVENUE sales between January 2005 and September 2020 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 October 2018 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2020 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 3 WALNUT TREE AVENUE be worth now?

3 WALNUT TREE AVENUE might now be worth an estimated £382,010.

This is based on house price inflation of 25.2%, between September 2020 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 25.2% inflationary increase is applied to the most recent sale price for 3 WALNUT TREE AVENUE of £305,000 on 7th September 2020. For the value to have increased from £305,000 to £382,010 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 WALNUT TREE AVENUE has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The September 2020 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WALNUT TREE AVENUE has not materially changed since September 2020.

How Large is 3 WALNUT TREE AVENUE?

3 WALNUT TREE AVENUE is 78m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% 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 3 WALNUT TREE AVENUE lies on this distribution: 27% of detached houses houses are smaller than 3 WALNUT TREE AVENUE, and 72% of houses are larger. Note that EPC data is not available for all properties in Martham.

3 WALNUT TREE AVENUE: Plot and Title Map

3 WALNUT TREE AVENUE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 3 WALNUT TREE AVENUE, 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 3 WALNUT TREE AVENUE). 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 3 WALNUT TREE AVENUE?

3 WALNUT TREE AVENUE is located in MARTHAM, in the NR29 postcode district. The below map shows the position of No. 3 on WALNUT TREE AVENUE.