8, MARTHAM ROAD, HEMSBY, GREAT YARMOUTH, NR29 4LS - £280,000

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

8 MARTHAM ROAD is a small detached house of 85m², built sometime between 1983 and 1990. It was last sold for £280,000 in December 2023, which was around 9% below the average December 2023 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

8 MARTHAM ROAD Sold Prices

Land registry data shows two sales for 8 MARTHAM ROAD 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 8 MARTHAM ROAD 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
2023 19 DEC	£280,000	£309,332	9% below HPI
1999 26 OCT	£62,000	£78,428	21% below HPI

8 MARTHAM ROAD 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 8 MARTHAM ROAD sales from October 1999 and December 2023 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 October 1999 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2023 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 8 MARTHAM ROAD?

8 MARTHAM ROAD is 85m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 40% of detached houses in Hemsby, based on EPC data. The below chart shows the distribution of detached houses by size in Hemsby, and where 8 MARTHAM ROAD lies on this distribution: 34% of detached houses are smaller than 8 MARTHAM ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Hemsby.

8 MARTHAM ROAD: Plot and Title Map

8 MARTHAM ROAD sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 8 MARTHAM ROAD, 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 8 MARTHAM ROAD). 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 8 MARTHAM ROAD?

8 MARTHAM ROAD is located in HEMSBY, in the NR29 postcode district. The below map shows the position of No. 8 on MARTHAM ROAD.