MARTLETS, BACK LANE, BLAKENEY, HOLT, NR25 7NP - £641,000

MARTLETS is a midsized extended detached house of 142m², built sometime between 1983 and 1990. It was last sold for £641,000 in March 2019, which was around 84% above the average March 2019 detached price in the North Norfolk local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

MARTLETS Sold Prices

Land registry data shows two sales for MARTLETS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two MARTLETS 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
2019 1 MAR	£641,000	£347,563	84% above HPI
2007 30 NOV	£460,000	£264,153	74% above HPI

MARTLETS Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two MARTLETS sales from November 2007 and March 2019 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 2007 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the March 2019 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is MARTLETS?

MARTLETS is 142m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 50% of detached houses in Blakeney, based on EPC data. The below chart shows the distribution of detached houses by size in Blakeney, and where MARTLETS lies on this distribution: 46% of detached houses are smaller than MARTLETS, and 53% of houses are larger. Note that EPC data is not available for all properties in Blakeney.

MARTLETS: Plot and Title Map

MARTLETS sits on a plot of roughly 0.250 of an acre, or 1,013m². The below map shows the location of MARTLETS, 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 MARTLETS). 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 MARTLETS?

MARTLETS is located on BACK LANE in BLAKENEY, in the NR25 postcode district. The below map shows the position of MARTLETS on BACK LANE.