3, ALDER AVENUE, MARTHAM, GREAT YARMOUTH, NR29 4FA - £273,500

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.

3 ALDER AVENUE is a small semi-detached house of 85m², built in 2014, which could now be worth an estimated £320,207. It was last sold for £273,500 in December 2020, which was around 52% above the average December 2020 semi-detached price in the Great Yarmouth local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was A.

3 ALDER AVENUE Sold Prices

Land registry data shows two sales for 3 ALDER AVENUE 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. Both of the two 3 ALDER AVENUE sales were 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
2020 4 DEC	£273,500	£179,454	52% above HPI
2015 23 OCT	£215,000	£142,139	51% above HPI

3 ALDER AVENUE 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 3 ALDER AVENUE sales from October 2015 and December 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 October 2015 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the December 2020 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 3 ALDER AVENUE be worth now?

3 ALDER AVENUE might now be worth an estimated £320,207.

This is based on house price inflation of 17.1%, between December 2020 and May 2026, 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 17.1% inflationary increase is applied to the most recent sale price for 3 ALDER AVENUE of £273,500 on 4th December 2020. For the value to have increased from £273,500 to £320,207 over the six years and seven months to May 2026, the following assumptions must hold true:

• The value of 3 ALDER AVENUE has moved in line with the HPI for semi-detached houses in the Great Yarmouth local authority area.
• The December 2020 sale price of £273,500 represented a fair market value for the property.
• The size, condition, and specification of 3 ALDER AVENUE has not materially changed since December 2020.

How Large is 3 ALDER AVENUE?

3 ALDER AVENUE is 85m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% 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 3 ALDER AVENUE lies on this distribution: 37% of semi-detached houses houses are smaller than 3 ALDER AVENUE, and 61% of houses are larger. Note that EPC data is not available for all properties in Martham.

3 ALDER AVENUE: Plot and Title Map

3 ALDER AVENUE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 3 ALDER AVENUE, 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 3 ALDER AVENUE). 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 3 ALDER AVENUE?

3 ALDER AVENUE is located in MARTHAM, in the NR29 postcode district. The below map shows the position of No. 3 on ALDER AVENUE.