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
40 CALIFORNIA AVENUE is a small extended detached house of 82m², built sometime between 1976 and 1982. It was last sold for £308,000 in July 2024, which was around 5% below the average July 2024 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows four sales for 40 CALIFORNIA AVENUE since 1st 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 40 CALIFORNIA AVENUE 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 |
---|---|---|---|
2024 24 JUL | £308,000 | £323,708 | 5% below HPI |
2021 13 AUG | £263,500 | £287,733 | 8% below HPI |
1999 14 SEP | £68,000 | £78,944 | 14% below HPI |
1997 12 MAY | £58,000 | £64,085 | 9% below HPI |
The below graph shows the average detached house price in the Great Yarmouth local authority area over time, sourced from the HPI. The four 40 CALIFORNIA AVENUE sales between May 1997 and July 2024 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 August 2021 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2024 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.
40 CALIFORNIA AVENUE is 82m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% of detached houses in Scratby, based on EPC data. The below chart shows the distribution of detached houses by size in Scratby, and where 40 CALIFORNIA AVENUE lies on this distribution: 33% of detached houses are smaller than 40 CALIFORNIA AVENUE, and 65% of houses are larger. Note that EPC data is not available for all properties in Scratby.
40 CALIFORNIA AVENUE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 40 CALIFORNIA 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 40 CALIFORNIA 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.
40 CALIFORNIA AVENUE is located in SCRATBY, in the NR29 postcode district. The below map shows the position of No. 40 on CALIFORNIA AVENUE.