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
11 RECTORY ROAD is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £315,000 in June 2022, which was around 26% below the average June 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 11 RECTORY ROAD since 1st 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 11 RECTORY ROAD 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 |
---|---|---|---|
2022 10 JUN | £315,000 | £426,506 | 26% below HPI |
2020 23 APR | £248,000 | £347,861 | 29% below HPI |
2016 31 MAY | £181,500 | £307,292 | 41% below HPI |
The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 11 RECTORY ROAD sales between May 2016 and June 2022 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 April 2020 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.
11 RECTORY ROAD is 69m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 11 RECTORY ROAD lies on this distribution: 15% of detached houses are smaller than 11 RECTORY ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.
11 RECTORY ROAD sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 11 RECTORY ROAD, 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 11 RECTORY ROAD). 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.
11 RECTORY ROAD is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 11 on RECTORY ROAD.