THE OAKS, LOUND ROAD, BLUNDESTON, LOWESTOFT, NR32 5AU - £522,000

THE OAKS is a very large extended detached house of 201m², built sometime between 1983 and 1990. It was last sold for £522,000 in December 2021, which was around 29% above the average December 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

THE OAKS Sold Prices

Land registry data shows three sales for THE OAKS 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 OAKS 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 16 DEC	£522,000	£404,862	29% above HPI
2012 8 JUN	£395,000	£253,117	56% above HPI
2002 31 JUL	£240,000	£158,620	51% above HPI

THE OAKS 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 OAKS sales between July 2002 and December 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 June 2012 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the December 2021 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is THE OAKS?

THE OAKS is 201m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 20% 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 OAKS lies on this distribution: 88% of detached houses are smaller than THE OAKS, and 12% of houses are larger. Note that EPC data is not available for all properties in Blundeston.

THE OAKS: Plot and Title Map

THE OAKS sits on a plot of roughly 0.239 of an acre, or 969m². The below map shows the location of THE OAKS, 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 OAKS). 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 OAKS?

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