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
16 FRAMFIELD ROAD is a small detached house of 77m², built sometime between 1991 and 1995. It was last sold for £227,500 in September 2021, which was around 40% below the average September 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 16 FRAMFIELD 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 16 FRAMFIELD 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 |
---|---|---|---|
2021 24 SEP | £227,500 | £378,972 | 40% below HPI |
2017 3 FEB | £174,950 | £329,544 | 47% below HPI |
2003 6 OCT | £112,000 | £197,051 | 43% 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 16 FRAMFIELD ROAD sales between October 2003 and September 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 February 2017 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the September 2021 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.
16 FRAMFIELD ROAD is 77m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 30% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 16 FRAMFIELD ROAD lies on this distribution: 26% of detached houses are smaller than 16 FRAMFIELD ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.
16 FRAMFIELD ROAD sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 16 FRAMFIELD 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 16 FRAMFIELD 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.
16 FRAMFIELD ROAD is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 16 on FRAMFIELD ROAD.