THE LAURELS, LOUND ROAD, BLUNDESTON, LOWESTOFT, NR32 5AT - £377,500

THE LAURELS is a large detached house of 145m², built sometime between 1930 and 1949. It was last sold for £377,500 in February 2017, which was around 15% above the average February 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

THE LAURELS Sold Prices

Land registry data shows three sales for THE LAURELS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three THE LAURELS 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
2017 24 FEB	£377,500	£329,544	15% above HPI
1998 21 MAY	£129,000	£85,580	51% above HPI
1996 29 MAR	£107,000	£72,548	47% above HPI

THE LAURELS Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three THE LAURELS sales between March 1996 and February 2017 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 May 1998 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the February 2017 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is THE LAURELS?

THE LAURELS is 145m² according to the EPC inspection conducted in March 2015. This puts it in the largest 40% of detached houses in Blundeston, based on EPC data. The below chart shows the distribution of detached houses by size in Blundeston, and where THE LAURELS lies on this distribution: 63% of detached houses are smaller than THE LAURELS, and 37% of houses are larger. Note that EPC data is not available for all properties in Blundeston.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.218 of an acre, or 881m². The below map shows the location of THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

THE LAURELS is located on LOUND ROAD in BLUNDESTON, in the NR32 postcode district. The below map shows the position of THE LAURELS on LOUND ROAD.