7, BAILEY CLOSE, MARTHAM, GREAT YARMOUTH, NR29 4UD - £184,500

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

7 BAILEY CLOSE is a small detached house of 82m², built sometime between 1983 and 1990. It was last sold for £184,500 in July 2010, which was around 2% below the average July 2010 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was C.

7 BAILEY CLOSE Sold Prices

Land registry data shows two sales for 7 BAILEY CLOSE 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 7 BAILEY CLOSE 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
2010 6 JUL	£184,500	£187,317	2% below HPI
2002 14 MAY	£87,950	£116,467	24% below HPI

7 BAILEY CLOSE 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 7 BAILEY CLOSE sales from May 2002 and July 2010 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 2002 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2010 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 7 BAILEY CLOSE?

7 BAILEY CLOSE is 82m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 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 7 BAILEY CLOSE lies on this distribution: 35% of detached houses are smaller than 7 BAILEY CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Martham.

7 BAILEY CLOSE: Plot and Title Map

7 BAILEY CLOSE sits on a plot of roughly 0.090 of an acre, or 362m². The below map shows the location of 7 BAILEY CLOSE, 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 7 BAILEY CLOSE). 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 7 BAILEY CLOSE?

7 BAILEY CLOSE is located in MARTHAM, in the NR29 postcode district. The below map shows the position of No. 7 on BAILEY CLOSE.