5, PEARTREE AVENUE, MARTHAM, GREAT YARMOUTH, NR29 4RJ - £217,500

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 PEARTREE AVENUE is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £217,500 in May 2021, which was around 22% below the average May 2021 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.

5 PEARTREE AVENUE Sold Prices

Land registry data shows two sales for 5 PEARTREE AVENUE 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 PEARTREE 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
2021 28 MAY	£217,500	£280,263	22% below HPI
2018 18 DEC	£163,000	£261,463	38% below HPI

5 PEARTREE AVENUE 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 PEARTREE AVENUE sales from December 2018 and May 2021 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 2018 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 5 PEARTREE AVENUE?

5 PEARTREE AVENUE is 62m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% 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 PEARTREE AVENUE lies on this distribution: 7% of detached houses are smaller than 5 PEARTREE AVENUE, and 93% of houses are larger. Note that EPC data is not available for all properties in Martham.

5 PEARTREE AVENUE: Plot and Title Map

5 PEARTREE AVENUE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 5 PEARTREE 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 5 PEARTREE 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.

Where is 5 PEARTREE AVENUE?

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