15, THE PROMENADE, SCRATBY, GREAT YARMOUTH, NR29 3PA - £169,000

15 THE PROMENADE is a very small extended detached house of 61m², built sometime between 1930 and 1949. It was last sold for £169,000 in September 2020, which was around 35% below the average September 2020 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was August 2019, where the current energy rating was G, and the potential energy rating was F.

15 THE PROMENADE Sold Prices

Land registry data shows five sales for 15 THE PROMENADE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Great Yarmouth local authority area for the corresponding sale date. All of the five 15 THE PROMENADE 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 25 SEP	£169,000	£261,853	35% below HPI
2010 27 SEP	£115,000	£181,009	36% below HPI
2008 7 FEB	£138,000	£207,502	33% below HPI
2005 6 APR	£107,500	£180,589	40% below HPI
1999 4 JUN	£53,000	£74,893	29% below HPI

15 THE PROMENADE 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 five 15 THE PROMENADE sales between June 1999 and September 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 September 2010 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2020 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 15 THE PROMENADE?

15 THE PROMENADE is 61m², which includes four extensions, according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% of detached houses in Scratby, based on EPC data. The below chart shows the distribution of detached houses by size in Scratby, and where 15 THE PROMENADE lies on this distribution: 9% of detached houses are smaller than 15 THE PROMENADE, and 91% of houses are larger. Note that EPC data is not available for all properties in Scratby.

15 THE PROMENADE: Plot and Title Map

15 THE PROMENADE sits on a plot of roughly 0.219 of an acre, or 887m². The below map shows the location of 15 THE PROMENADE, 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 15 THE PROMENADE). 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 15 THE PROMENADE?

15 THE PROMENADE is located in SCRATBY, in the NR29 postcode district. The below map shows the position of No. 15 on THE PROMENADE.