6, WALNUT TREE AVENUE, MARTHAM, GREAT YARMOUTH, NR29 4QS - £222,500

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.

6 WALNUT TREE AVENUE is a small detached house of 76m², built sometime between 2003 and 2006, which could now be worth an estimated £278,022. It was last sold for £222,500 in October 2020, which was around 14% below the average October 2020 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

6 WALNUT TREE AVENUE Sold Prices

Land registry data shows two sales for 6 WALNUT TREE 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 6 WALNUT TREE 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
2020 26 OCT	£222,500	£259,753	14% below HPI
2004 17 DEC	£144,950	£170,002	15% below HPI

6 WALNUT TREE 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 6 WALNUT TREE AVENUE sales from December 2004 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 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 6 WALNUT TREE AVENUE be worth now?

6 WALNUT TREE AVENUE might now be worth an estimated £278,022.

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 6 WALNUT TREE AVENUE of £222,500 on 26th October 2020. For the value to have increased from £222,500 to £278,022 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 6 WALNUT TREE AVENUE has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The October 2020 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of 6 WALNUT TREE AVENUE has not materially changed since October 2020.

How Large is 6 WALNUT TREE AVENUE?

6 WALNUT TREE AVENUE is 76m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 30% 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 6 WALNUT TREE AVENUE lies on this distribution: 22% of detached houses houses are smaller than 6 WALNUT TREE AVENUE, and 76% of houses are larger. Note that EPC data is not available for all properties in Martham.

6 WALNUT TREE AVENUE: Plot and Title Map

6 WALNUT TREE AVENUE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 6 WALNUT TREE 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 6 WALNUT TREE 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 6 WALNUT TREE AVENUE?

6 WALNUT TREE AVENUE is located in MARTHAM, in the NR29 postcode district. The below map shows the position of No. 6 on WALNUT TREE AVENUE.