1, THE STREET, CORTON, LOWESTOFT, NR32 5HW - £193,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 THE STREET is a midsized detached house of 102m², built sometime before 1900. It was last sold for £193,000 in September 2014, which was around 32% below the average September 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was C.

1 THE STREET Sold Prices

Land registry data shows two sales for 1 THE STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 1 THE STREET sales were for below 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
2014 25 SEP	£193,000	£282,904	32% below HPI
2005 9 DEC	£177,500	£221,366	20% below HPI

1 THE STREET 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 two 1 THE STREET sales from December 2005 and September 2014 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 December 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2014 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 1 THE STREET?

1 THE STREET is 102m² according to the EPC inspection conducted in October 2013. This puts it in the largest 40% of detached houses in Corton, based on EPC data. The below chart shows the distribution of detached houses by size in Corton, and where 1 THE STREET lies on this distribution: 58% of detached houses are smaller than 1 THE STREET, and 38% of houses are larger. Note that EPC data is not available for all properties in Corton.

1 THE STREET: Plot and Title Map

1 THE STREET sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of 1 THE STREET, 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 1 THE STREET). 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 1 THE STREET?

1 THE STREET is located in CORTON, in the NR32 postcode district. The below map shows the position of No. 1 on THE STREET.