5, KIRBY CLOSE, MARTHAM, GREAT YARMOUTH, NR29 4UE - £230,000

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.

5 KIRBY CLOSE is a very small detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £230,395. It was last sold for £230,000 in November 2023, which was around 27% below the average November 2023 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was B.

5 KIRBY CLOSE Sold Prices

Land registry data shows two sales for 5 KIRBY CLOSE 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 5 KIRBY CLOSE 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
2023 17 NOV	£230,000	£314,044	27% below HPI
2021 12 JAN	£180,000	£274,922	35% below HPI

5 KIRBY CLOSE 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 5 KIRBY CLOSE sales from January 2021 and November 2023 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 2021 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 5 KIRBY CLOSE be worth now?

5 KIRBY CLOSE might now be worth an estimated £230,395.

This is based on house price inflation of 0.2%, between November 2023 and March 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 0.2% inflationary increase is applied to the most recent sale price for 5 KIRBY CLOSE of £230,000 on 17th November 2023. For the value to have increased from £230,000 to £230,395 over the three years and eight months to March 2026, the following assumptions must hold true:

• The value of 5 KIRBY CLOSE has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The November 2023 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 5 KIRBY CLOSE has not materially changed since November 2023.

How Large is 5 KIRBY CLOSE?

5 KIRBY CLOSE is 70m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 20% 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 5 KIRBY CLOSE lies on this distribution: 13% of detached houses houses are smaller than 5 KIRBY CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Martham.

5 KIRBY CLOSE: Plot and Title Map

5 KIRBY CLOSE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 5 KIRBY CLOSE, 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 5 KIRBY CLOSE). 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 5 KIRBY CLOSE?

5 KIRBY CLOSE is located in MARTHAM, in the NR29 postcode district. The below map shows the position of No. 5 on KIRBY CLOSE.