54A, LICHFIELD ROAD, GREAT YARMOUTH, NR31 0AB - £87,000

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.

54A LICHFIELD ROAD is a very small extended terraced house of 52m², built sometime between 1900 and 1929, which could now be worth an estimated £99,515. It was last sold for £87,000 in May 2021, which was around 40% below the average May 2021 terraced price in the Great Yarmouth local authority area. The most recent EPC inspection was November 2016, where the current energy rating was F, and the potential energy rating was B.

54A LICHFIELD ROAD Sold Prices

Land registry data shows three sales for 54A LICHFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Great Yarmouth local authority area for the corresponding sale date. All of the three 54A LICHFIELD ROAD 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
2021 18 MAY	£87,000	£145,737	40% below HPI
2003 21 NOV	£64,000	£73,050	12% below HPI
2001 28 SEP	£32,000	£46,419	31% below HPI

54A LICHFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Great Yarmouth local authority area over time, sourced from the HPI. The three 54A LICHFIELD ROAD sales between September 2001 and May 2021 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 November 2003 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 54A LICHFIELD ROAD be worth now?

54A LICHFIELD ROAD might now be worth an estimated £99,515.

This is based on house price inflation of 14.4%, between May 2021 and July 2025, for terraced 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 14.4% inflationary increase is applied to the most recent sale price for 54A LICHFIELD ROAD of £87,000 on 18th May 2021. For the value to have increased from £87,000 to £99,515 over the three years and ten months to July 2025, the following assumptions must hold true:

• The value of 54A LICHFIELD ROAD has moved in line with the HPI for terraced houses in the Great Yarmouth local authority area.
• The May 2021 sale price of £87,000 represented a fair market value for the property.
• The size, condition, and specification of 54A LICHFIELD ROAD has not materially changed since May 2021.

How Large is 54A LICHFIELD ROAD?

54A LICHFIELD ROAD is 52m², which includes two extensions, according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of terraced houses houses in Great Yarmouth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Great Yarmouth, and where 54A LICHFIELD ROAD lies on this distribution: 3% of terraced houses houses are smaller than 54A LICHFIELD ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Great Yarmouth.

54A LICHFIELD ROAD: Plot and Title Map

54A LICHFIELD ROAD sits on a plot of roughly 0.020 of an acre, or 81m². The below map shows the location of 54A LICHFIELD ROAD, 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 54A LICHFIELD ROAD). 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 54A LICHFIELD ROAD?

54A LICHFIELD ROAD is located in GREAT YARMOUTH, in the NR31 postcode district. The below map shows the position of No. 54A on LICHFIELD ROAD.