16, STATION ROAD, CORTON, LOWESTOFT, NR32 5HF - £360,000

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

16 STATION ROAD is a large detached house of 117m², built sometime between 1950 and 1966. It was last sold for £360,000 in May 2020, which was around 3% above the average May 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

16 STATION ROAD Sold Prices

Land registry data shows four sales for 16 STATION ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Most of the four 16 STATION 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
2020 28 MAY	£360,000	£348,864	3% above HPI
2014 20 MAR	£234,000	£259,107	10% below HPI
2011 29 JUL	£180,250	£251,240	28% below HPI
2006 27 FEB	£220,000	£222,076	1% below HPI

16 STATION ROAD 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 four 16 STATION ROAD sales between February 2006 and May 2020 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 March 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2020 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 16 STATION ROAD?

16 STATION ROAD is 117m² according to the EPC inspection conducted in September 2019. This puts it in the largest 30% of detached houses in Corton, based on EPC data. The below chart shows the distribution of detached houses by size in Corton, and where 16 STATION ROAD lies on this distribution: 71% of detached houses are smaller than 16 STATION ROAD, and 27% of houses are larger. Note that EPC data is not available for all properties in Corton.

16 STATION ROAD: Plot and Title Map

16 STATION ROAD sits on a plot of roughly 0.287 of an acre, or 1,161m². The below map shows the location of 16 STATION 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 STATION 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.

Where is 16 STATION ROAD?

16 STATION ROAD is located in CORTON, in the NR32 postcode district. The below map shows the position of No. 16 on STATION ROAD.