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
15 MONCKTON CRESCENT is a very large extended detached house of 159m², built sometime between 1967 and 1975. It was last sold for £405,000 in December 2023, which was around 4% below the average December 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 15 MONCKTON CRESCENT 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 15 MONCKTON CRESCENT 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 |
---|---|---|---|
2023 5 DEC | £405,000 | £422,815 | 4% below HPI |
2014 10 FEB | £184,500 | £262,812 | 30% below HPI |
1996 6 JAN | £60,000 | £73,258 | 18% 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 15 MONCKTON CRESCENT sales between January 1996 and December 2023 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 February 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2023 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.
15 MONCKTON CRESCENT is 159m², which includes three extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 10% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 15 MONCKTON CRESCENT lies on this distribution: 90% of detached houses are smaller than 15 MONCKTON CRESCENT, and 9% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.
15 MONCKTON CRESCENT sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 15 MONCKTON CRESCENT, 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 15 MONCKTON CRESCENT). 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.
15 MONCKTON CRESCENT is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 15 on MONCKTON CRESCENT.