45, THE PROMENADE, SCRATBY, GREAT YARMOUTH, NR29 3PA - £155,000

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

45 THE PROMENADE is a very small extended detached house of 68m², built sometime between 1930 and 1949. It was last sold for £155,000 in July 2020, which was around 39% below the average July 2020 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was C.

45 THE PROMENADE Sold Prices

Land registry data shows two sales for 45 THE PROMENADE 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 45 THE PROMENADE 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 3 JUL	£155,000	£255,655	39% below HPI
2009 15 MAY	£74,000	£170,277	57% below HPI

45 THE PROMENADE 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 45 THE PROMENADE sales from May 2009 and July 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 May 2009 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the July 2020 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 45 THE PROMENADE?

45 THE PROMENADE is 68m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the smallest 20% of detached houses in Scratby, based on EPC data. The below chart shows the distribution of detached houses by size in Scratby, and where 45 THE PROMENADE lies on this distribution: 16% of detached houses are smaller than 45 THE PROMENADE, and 83% of houses are larger. Note that EPC data is not available for all properties in Scratby.

45 THE PROMENADE: Plot and Title Map

45 THE PROMENADE sits on a plot of roughly 0.167 of an acre, or 676m². The below map shows the location of 45 THE PROMENADE, 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 45 THE PROMENADE). 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 45 THE PROMENADE?

45 THE PROMENADE is located in SCRATBY, in the NR29 postcode district. The below map shows the position of No. 45 on THE PROMENADE.