9, ALDER AVENUE, MARTHAM, GREAT YARMOUTH, NR29 4FA - £285,000

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.

9 ALDER AVENUE is a small semi-detached house of 85m², built in 2014, which could now be worth an estimated £322,474. It was last sold for £285,000 in May 2021, which was around 53% above the average May 2021 semi-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 A.

9 ALDER AVENUE Sold Prices

Land registry data shows two sales for 9 ALDER AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Great Yarmouth local authority area for the corresponding sale date. Both of the two 9 ALDER AVENUE sales were 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
2021 27 MAY	£285,000	£185,685	53% above HPI
2016 8 JUL	£217,500	£146,104	49% above HPI

9 ALDER AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Great Yarmouth local authority area over time, sourced from the HPI. The two 9 ALDER AVENUE sales from July 2016 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 July 2016 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the May 2021 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 9 ALDER AVENUE be worth now?

9 ALDER AVENUE might now be worth an estimated £322,474.

This is based on house price inflation of 13.1%, between May 2021 and May 2026, for semi-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 13.1% inflationary increase is applied to the most recent sale price for 9 ALDER AVENUE of £285,000 on 27th May 2021. For the value to have increased from £285,000 to £322,474 over the five years to May 2026, the following assumptions must hold true:

• The value of 9 ALDER AVENUE has moved in line with the HPI for semi-detached houses in the Great Yarmouth local authority area.
• The May 2021 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 9 ALDER AVENUE has not materially changed since May 2021.

How Large is 9 ALDER AVENUE?

9 ALDER AVENUE is 85m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% of semi-detached houses houses in Martham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Martham, and where 9 ALDER AVENUE lies on this distribution: 37% of semi-detached houses houses are smaller than 9 ALDER AVENUE, and 61% of houses are larger. Note that EPC data is not available for all properties in Martham.

9 ALDER AVENUE: Plot and Title Map

9 ALDER AVENUE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 9 ALDER AVENUE, 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 9 ALDER AVENUE). 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 9 ALDER AVENUE?

9 ALDER AVENUE is located in MARTHAM, in the NR29 postcode district. The below map shows the position of No. 9 on ALDER AVENUE.