4, LILAC CLOSE, BRADWELL, GREAT YARMOUTH, NR31 8HD - £173,000

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 LILAC CLOSE is a midsized extended semi-detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £234,399. It was last sold for £173,000 in June 2018, which was around 7% above the average June 2018 semi-detached price in the Great Yarmouth local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was C.

4 LILAC CLOSE Sold Prices

Land registry data shows three sales for 4 LILAC CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Great Yarmouth local authority area for the corresponding sale date. All of the three 4 LILAC CLOSE 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
2018 21 JUN	£173,000	£161,015	7% above HPI
2016 5 APR	£172,500	£149,094	16% above HPI
2004 17 DEC	£139,950	£114,522	22% above HPI

4 LILAC CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Great Yarmouth local authority area over time, sourced from the HPI. The three 4 LILAC CLOSE sales between December 2004 and June 2018 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 April 2016 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2018 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 4 LILAC CLOSE be worth now?

4 LILAC CLOSE might now be worth an estimated £234,399.

This is based on house price inflation of 35.5%, between June 2018 and February 2025, for semi-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 35.5% inflationary increase is applied to the most recent sale price for 4 LILAC CLOSE of £173,000 on 21st June 2018. For the value to have increased from £173,000 to £234,399 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 4 LILAC CLOSE has moved in line with the HPI for semi-detached houses in the Great Yarmouth local authority area.
• The June 2018 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LILAC CLOSE has not materially changed since June 2018.

How Large is 4 LILAC CLOSE?

4 LILAC CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the smallest 50% of semi-detached houses houses in Bradwell, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bradwell, and where 4 LILAC CLOSE lies on this distribution: 42% of semi-detached houses houses are smaller than 4 LILAC CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Bradwell.

4 LILAC CLOSE: Plot and Title Map

4 LILAC CLOSE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 4 LILAC CLOSE, 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 LILAC CLOSE). 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 LILAC CLOSE?

4 LILAC CLOSE is located in BRADWELL, in the NR31 postcode district. The below map shows the position of No. 4 on LILAC CLOSE.