5, MARSH CLOSE, MARTHAM, GREAT YARMOUTH, NR29 4UF - £265,000

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

5 MARSH CLOSE is a large detached house of 117m², built sometime between 1991 and 1995. It was last sold for £265,000 in February 2020, which was around 3% above the average February 2020 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was C.

5 MARSH CLOSE Sold Prices

Land registry data shows two sales for 5 MARSH CLOSE 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 5 MARSH 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
2020 28 FEB	£265,000	£257,705	3% above HPI
1996 13 DEC	£89,950	£64,584	39% above HPI

5 MARSH CLOSE 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 5 MARSH CLOSE sales from December 1996 and February 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 1996 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the February 2020 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 5 MARSH CLOSE?

5 MARSH CLOSE is 117m² according to the EPC inspection conducted in June 2019. This puts it in the largest 30% of detached houses in Martham, based on EPC data. The below chart shows the distribution of detached houses by size in Martham, and where 5 MARSH CLOSE lies on this distribution: 74% of detached houses are smaller than 5 MARSH CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Martham.

5 MARSH CLOSE: Plot and Title Map

5 MARSH CLOSE sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 5 MARSH 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 5 MARSH 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 5 MARSH CLOSE?

5 MARSH CLOSE is located in MARTHAM, in the NR29 postcode district. The below map shows the position of No. 5 on MARSH CLOSE.