59, THURNE RISE, MARTHAM, GREAT YARMOUTH, NR29 4PU - £196,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

59 THURNE RISE is a very small detached house of 59m², built sometime between 1991 and 1995, which could now be worth an estimated £244,909. It was last sold for £196,000 in October 2020, which was around 25% below the average October 2020 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

59 THURNE RISE Sold Prices

Land registry data shows two sales for 59 THURNE RISE 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 59 THURNE RISE 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 5 OCT	£196,000	£259,753	25% below HPI
2001 17 DEC	£79,995	£105,679	24% below HPI

59 THURNE RISE 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 59 THURNE RISE sales from December 2001 and October 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 2001 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 59 THURNE RISE be worth now?

59 THURNE RISE might now be worth an estimated £244,909.

This is based on house price inflation of 25%, between October 2020 and February 2025, for detached houses, in the Great Yarmouth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25% inflationary increase is applied to the most recent sale price for 59 THURNE RISE of £196,000 on 5th October 2020. For the value to have increased from £196,000 to £244,909 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 59 THURNE RISE has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The October 2020 sale price of £196,000 represented a fair market value for the property.
• The size, condition, and specification of 59 THURNE RISE has not materially changed since October 2020.

How Large is 59 THURNE RISE?

59 THURNE RISE is 59m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses houses in Martham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Martham, and where 59 THURNE RISE lies on this distribution: 3% of detached houses houses are smaller than 59 THURNE RISE, and 95% of houses are larger. Note that EPC data is not available for all properties in Martham.

59 THURNE RISE: Plot and Title Map

59 THURNE RISE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 59 THURNE RISE, 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 59 THURNE RISE). 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 59 THURNE RISE?

59 THURNE RISE is located in MARTHAM, in the NR29 postcode district. The below map shows the position of No. 59 on THURNE RISE.