4, BACK LANE, MARTHAM, GREAT YARMOUTH, NR29 4PE - £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.

4 BACK LANE is a very large extended detached house of 172m², built sometime between 1996 and 2002, which could now be worth an estimated £426,337. It was last sold for £305,000 in July 2017, which was around 31% above the average July 2017 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

4 BACK LANE Sold Prices

Land registry data shows two sales for 4 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 4 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
2017 20 JUL	£305,000	£232,197	31% above HPI
2004 4 OCT	£185,500	£176,659	5% above HPI

4 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 4 BACK LANE sales from October 2004 and July 2017 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 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2017 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 4 BACK LANE be worth now?

4 BACK LANE might now be worth an estimated £426,337.

This is based on house price inflation of 39.8%, between July 2017 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 39.8% inflationary increase is applied to the most recent sale price for 4 BACK LANE of £305,000 on 20th July 2017. For the value to have increased from £305,000 to £426,337 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 4 BACK LANE has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The July 2017 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BACK LANE has not materially changed since July 2017.

How Large is 4 BACK LANE?

4 BACK LANE is 172m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the largest 10% 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 4 BACK LANE lies on this distribution: 94% of detached houses houses are smaller than 4 BACK LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Martham.

4 BACK LANE: Plot and Title Map

4 BACK LANE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 4 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 4 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 4 BACK LANE?

4 BACK LANE is located in MARTHAM, in the NR29 postcode district. The below map shows the position of No. 4 on BACK LANE.