6, BAILEY CLOSE, MARTHAM, GREAT YARMOUTH, NR29 4UD - £240,000

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.

6 BAILEY CLOSE is a small detached house of 76m², built sometime between 1983 and 1990, which could now be worth an estimated £230,793. It was last sold for £240,000 in September 2022, which was around 27% below the average September 2022 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was C.

6 BAILEY CLOSE Sold Prices

Land registry data shows one sale for 6 BAILEY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Great Yarmouth local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 30 SEP	£240,000	£326,816	27% below HPI

What might 6 BAILEY CLOSE be worth now?

6 BAILEY CLOSE might now be worth an estimated £230,793.

This is based on house price deflation of 3.8%, between September 2022 and April 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 3.8% deflationary decrease is applied to the most recent sale price for 6 BAILEY CLOSE of £240,000 on 30th September 2022. For the value to have decreased from £240,000 to £230,793 over the four years and five months to April 2026, the following assumptions must hold true:

• The value of 6 BAILEY CLOSE has moved in line with the HPI for detached houses in the Great Yarmouth local authority area.
• The September 2022 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 6 BAILEY CLOSE has not materially changed since September 2022.

How Large is 6 BAILEY CLOSE?

6 BAILEY CLOSE is 76m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 30% of detached houses in Martham, based on EPC data. The below chart shows the distribution of detached houses by size in Martham, and where 6 BAILEY CLOSE lies on this distribution: 22% of detached houses are smaller than 6 BAILEY CLOSE, and 75% of detached houses are larger. Note that EPC data is not available for all properties in Martham.

6 BAILEY CLOSE: Plot

6 BAILEY CLOSE sits on a plot of roughly 0.073 of an acre, or 294m².

Where is 6 BAILEY CLOSE?

6 BAILEY CLOSE is located in MARTHAM, in the NR29 postcode district.