34, COLBY DRIVE, BRADWELL, GREAT YARMOUTH, NR31 9FT - £235,000

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.

34 COLBY DRIVE is a small detached house of 88m², which could now be worth an estimated £301,468. It was last sold for £235,000 in June 2020, which was around 7% below the average June 2020 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was December 2017, where the current energy rating was B, and the potential energy rating was A.

34 COLBY DRIVE Sold Prices

Land registry data shows two sales for 34 COLBY DRIVE 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 34 COLBY DRIVE 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
2020 11 JUN	£235,000	£253,009	7% below HPI
2017 22 DEC	£226,995	£247,577	8% below HPI

34 COLBY DRIVE 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 34 COLBY DRIVE sales from December 2017 and June 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 December 2017 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2020 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 34 COLBY DRIVE be worth now?

34 COLBY DRIVE might now be worth an estimated £301,468.

This is based on house price inflation of 28.3%, between June 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 28.3% inflationary increase is applied to the most recent sale price for 34 COLBY DRIVE of £235,000 on 11th June 2020. For the value to have increased from £235,000 to £301,468 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 34 COLBY DRIVE has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The June 2020 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 34 COLBY DRIVE has not materially changed since June 2020.

How Large is 34 COLBY DRIVE?

34 COLBY DRIVE is 88m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 40% of detached houses houses in Bradwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bradwell, and where 34 COLBY DRIVE lies on this distribution: 30% of detached houses houses are smaller than 34 COLBY DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Bradwell.

34 COLBY DRIVE: Plot and Title Map

34 COLBY DRIVE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 34 COLBY DRIVE, 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 34 COLBY DRIVE). 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 34 COLBY DRIVE?

34 COLBY DRIVE is located in BRADWELL, in the NR31 postcode district. The below map shows the position of No. 34 on COLBY DRIVE.