2, GREBE CLOSE, BRADWELL, GREAT YARMOUTH, NR31 8JT - £177,500

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.

2 GREBE CLOSE is a very small detached house of 66m², built sometime between 1967 and 1975, which could now be worth an estimated £255,389. It was last sold for £177,500 in January 2016, which was around 18% below the average January 2016 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

2 GREBE CLOSE Sold Prices

Land registry data shows two sales for 2 GREBE 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 2 GREBE 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
2016 15 JAN	£177,500	£215,670	18% below HPI
1997 21 NOV	£57,500	£68,118	16% below HPI

2 GREBE 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 2 GREBE CLOSE sales from November 1997 and January 2016 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 November 1997 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 GREBE CLOSE be worth now?

2 GREBE CLOSE might now be worth an estimated £255,389.

This is based on house price inflation of 43.9%, between January 2016 and May 2026, 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 43.9% inflationary increase is applied to the most recent sale price for 2 GREBE CLOSE of £177,500 on 15th January 2016. For the value to have increased from £177,500 to £255,389 over the nine years and eight months to May 2026, the following assumptions must hold true:

• The value of 2 GREBE CLOSE has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The January 2016 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 2 GREBE CLOSE has not materially changed since January 2016.

How Large is 2 GREBE CLOSE?

2 GREBE CLOSE is 66m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses houses in Bradwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bradwell, and where 2 GREBE CLOSE lies on this distribution: 6% of detached houses houses are smaller than 2 GREBE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Bradwell.

2 GREBE CLOSE: Plot and Title Map

2 GREBE CLOSE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 2 GREBE 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 2 GREBE 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 2 GREBE CLOSE?

2 GREBE CLOSE is located in BRADWELL, in the NR31 postcode district. The below map shows the position of No. 2 on GREBE CLOSE.