25, CORMORANT WAY, BRADWELL, GREAT YARMOUTH, NR31 9UH - £155,000

25 CORMORANT WAY is a small detached house of 79m², built sometime between 1996 and 2002. It was last sold for £155,000 in May 2015, which was around 25% below the average May 2015 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

25 CORMORANT WAY Sold Prices

Land registry data shows three sales for 25 CORMORANT WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Great Yarmouth local authority area for the corresponding sale date. All of the three 25 CORMORANT WAY 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
2015 11 MAY	£155,000	£207,095	25% below HPI
2005 19 SEP	£149,950	£181,333	17% below HPI
2002 22 FEB	£97,000	£108,429	11% below HPI

25 CORMORANT WAY 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 three 25 CORMORANT WAY sales between February 2002 and May 2015 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 2005 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2015 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 25 CORMORANT WAY?

25 CORMORANT WAY is 79m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 30% of detached houses in Bradwell, based on EPC data. The below chart shows the distribution of detached houses by size in Bradwell, and where 25 CORMORANT WAY lies on this distribution: 20% of detached houses are smaller than 25 CORMORANT WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Bradwell.

25 CORMORANT WAY: Plot and Title Map

25 CORMORANT WAY sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 25 CORMORANT WAY, 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 25 CORMORANT WAY). 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 25 CORMORANT WAY?

25 CORMORANT WAY is located in BRADWELL, in the NR31 postcode district. The below map shows the position of No. 25 on CORMORANT WAY.