51, MILL LANE, BRADWELL, GREAT YARMOUTH, NR31 8HH - £34,000

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

51 MILL LANE is a very small extended detached house of 66m², built sometime between 1967 and 1975. It was last sold for £34,000 in April 1997, which was around 48% below the average April 1997 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was B.

51 MILL LANE Sold Prices

Land registry data shows two sales for 51 MILL LANE 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 51 MILL LANE 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
1997 25 APR	£34,000	£65,157	48% below HPI
1995 15 MAY	£43,950	£61,502	29% below HPI

51 MILL LANE 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 51 MILL LANE sales from May 1995 and April 1997 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 1995 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 1997 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 51 MILL LANE?

51 MILL LANE is 66m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the smallest 10% of detached houses in Bradwell, based on EPC data. The below chart shows the distribution of detached houses by size in Bradwell, and where 51 MILL LANE lies on this distribution: 6% of detached houses are smaller than 51 MILL LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Bradwell.

51 MILL LANE: Plot and Title Map

51 MILL LANE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 51 MILL LANE, 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 51 MILL LANE). 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 51 MILL LANE?

51 MILL LANE is located in BRADWELL, in the NR31 postcode district. The below map shows the position of No. 51 on MILL LANE.