16, STATION CLOSE, MARTHAM, GREAT YARMOUTH, NR29 4UQ - £91,000

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.

16 STATION CLOSE is a very small semi-detached house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £145,833. It was last sold for £91,000 in July 2008, which was around 33% below the average July 2008 semi-detached price in the Great Yarmouth local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

16 STATION CLOSE Sold Prices

Land registry data shows two sales for 16 STATION CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Great Yarmouth local authority area for the corresponding sale date. One of the two 16 STATION CLOSE sales was for below the average price, whilst the other was for above 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
2008 2 JUL	£91,000	£136,132	33% below HPI
1999 4 JUN	£53,000	£47,371	12% above HPI

16 STATION CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Great Yarmouth local authority area over time, sourced from the HPI. The two 16 STATION CLOSE sales from June 1999 and July 2008 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 June 1999 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2008 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 16 STATION CLOSE be worth now?

16 STATION CLOSE might now be worth an estimated £145,833.

This is based on house price inflation of 60.3%, between July 2008 and February 2025, for semi-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 60.3% inflationary increase is applied to the most recent sale price for 16 STATION CLOSE of £91,000 on 2nd July 2008. For the value to have increased from £91,000 to £145,833 over the seventeen years and five months to February 2025, the following assumptions must hold true:

• The value of 16 STATION CLOSE has moved in line with the HPI for semi-detached houses in the Great Yarmouth local authority area.
• The July 2008 sale price of £91,000 represented a fair market value for the property.
• The size, condition, and specification of 16 STATION CLOSE has not materially changed since July 2008.

How Large is 16 STATION CLOSE?

16 STATION CLOSE is 71m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of semi-detached houses houses in Martham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Martham, and where 16 STATION CLOSE lies on this distribution: 14% of semi-detached houses houses are smaller than 16 STATION CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Martham.

16 STATION CLOSE: Plot and Title Map

16 STATION CLOSE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 16 STATION 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 16 STATION 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 16 STATION CLOSE?

16 STATION CLOSE is located in MARTHAM, in the NR29 postcode district. The below map shows the position of No. 16 on STATION CLOSE.