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 WOODSTOCK WAY is a large extended detached house of 105m², built sometime between 1967 and 1975. It was last sold for £305,000 in May 2024, which was around 5% below the average May 2024 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 5 WOODSTOCK WAY since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Great Yarmouth local authority area for the corresponding sale date. All of the five 5 WOODSTOCK WAY 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 30 MAY | £305,000 | £322,238 | 5% below HPI |
2020 3 JUL | £230,000 | £255,655 | 10% below HPI |
2016 23 JUN | £170,000 | £227,791 | 25% below HPI |
2001 24 AUG | £80,500 | £101,171 | 20% below HPI |
1995 1 SEP | £42,000 | £61,629 | 32% 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 five 5 WOODSTOCK WAY sales between September 1995 and May 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 July 2020 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2024 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.
5 WOODSTOCK WAY is 105m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 40% 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 WOODSTOCK WAY lies on this distribution: 61% of detached houses are smaller than 5 WOODSTOCK WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Martham.
5 WOODSTOCK WAY sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 5 WOODSTOCK WAY, 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 WOODSTOCK WAY). 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.
5 WOODSTOCK WAY is located in MARTHAM, in the NR29 postcode district. The below map shows the position of No. 5 on WOODSTOCK WAY.