38, CORMORANT WAY, BRADWELL, GREAT YARMOUTH, NR31 9UH - £200,000

38 CORMORANT WAY is a small detached house of 88m², built sometime between 1983 and 1990. It was last sold for £200,000 in May 2020, which was around 22% below the average May 2020 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

38 CORMORANT WAY Sold Prices

Land registry data shows two sales for 38 CORMORANT WAY 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. One of the two 38 CORMORANT WAY 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
2020 7 MAY	£200,000	£256,490	22% below HPI
1995 23 JUN	£71,950	£61,065	18% above HPI

38 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 two 38 CORMORANT WAY sales from June 1995 and May 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 June 1995 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 38 CORMORANT WAY?

38 CORMORANT WAY is 88m² according to the EPC inspection conducted in September 2018. 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 38 CORMORANT WAY lies on this distribution: 30% of detached houses are smaller than 38 CORMORANT WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Bradwell.

38 CORMORANT WAY: Plot and Title Map

38 CORMORANT WAY sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 38 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 38 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 38 CORMORANT WAY?

38 CORMORANT WAY is located in BRADWELL, in the NR31 postcode district. The below map shows the position of No. 38 on CORMORANT WAY.