32, CORMORANT WAY, BRADWELL, GREAT YARMOUTH, NR31 9UH - £260,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

32 CORMORANT WAY is a small semi-detached house of 81m², built sometime between 1983 and 1990. It was last sold for £260,000 in May 2022, which was around 18% below the average May 2022 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 B.

32 CORMORANT WAY Sold Prices

Land registry data shows six sales for 32 CORMORANT WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Great Yarmouth local authority area for the corresponding sale date. All of the six 32 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
2022 11 MAY	£260,000	£318,973	18% below HPI
2015 23 JAN	£159,000	£206,726	23% below HPI
2007 10 AUG	£162,000	£213,307	24% below HPI
2006 19 APR	£130,000	£181,955	29% below HPI
1998 11 DEC	£53,950	£71,493	25% below HPI
1998 28 JAN	£52,950	£70,823	25% below HPI

32 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 six 32 CORMORANT WAY sales between January 1998 and May 2022 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 January 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 32 CORMORANT WAY?

32 CORMORANT WAY is 81m² according to the EPC inspection conducted in October 2014. 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 32 CORMORANT WAY lies on this distribution: 22% of detached houses are smaller than 32 CORMORANT WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Bradwell.

32 CORMORANT WAY: Plot and Title Map

32 CORMORANT WAY sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 32 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 32 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 32 CORMORANT WAY?

32 CORMORANT WAY is located in BRADWELL, in the NR31 postcode district. The below map shows the position of No. 32 on CORMORANT WAY.