49, THURNE RISE, MARTHAM, GREAT YARMOUTH, NR29 4PU - £165,000

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.

49 THURNE RISE is a small detached house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £261,743. It was last sold for £165,000 in May 2014, which was around 16% below the average May 2014 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

49 THURNE RISE Sold Prices

Land registry data shows two sales for 49 THURNE RISE 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 49 THURNE RISE 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
2014 1 MAY	£165,000	£195,615	16% below HPI
2011 7 OCT	£156,250	£185,761	16% below HPI

49 THURNE RISE 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 49 THURNE RISE sales from October 2011 and May 2014 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 2011 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2014 sale, which was also at 16% below the HPI.

What might 49 THURNE RISE be worth now?

49 THURNE RISE might now be worth an estimated £261,743.

This is based on house price inflation of 58.6%, between May 2014 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 58.6% inflationary increase is applied to the most recent sale price for 49 THURNE RISE of £165,000 on 1st May 2014. For the value to have increased from £165,000 to £261,743 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 49 THURNE RISE has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The May 2014 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 49 THURNE RISE has not materially changed since May 2014.

How Large is 49 THURNE RISE?

49 THURNE RISE is 77m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 30% of detached houses houses in Martham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Martham, and where 49 THURNE RISE lies on this distribution: 26% of detached houses houses are smaller than 49 THURNE RISE, and 72% of houses are larger. Note that EPC data is not available for all properties in Martham.

49 THURNE RISE: Plot and Title Map

49 THURNE RISE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 49 THURNE RISE, 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 49 THURNE RISE). 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 49 THURNE RISE?

49 THURNE RISE is located in MARTHAM, in the NR29 postcode district. The below map shows the position of No. 49 on THURNE RISE.