17, LORNE ROAD, SOUTHWOLD, IP18 6EP - £385,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

17 LORNE ROAD is a very small detached house of 54m², built sometime between 1930 and 1949. It was last sold for £385,000 in June 2015, which was around 30% above the average June 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2012, where the current energy rating was E, and the potential energy rating was B.

17 LORNE ROAD Sold Prices

Land registry data shows two sales for 17 LORNE ROAD 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 17 LORNE ROAD sales were for above 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
2015 1 JUN	£385,000	£296,524	30% above HPI
2014 13 JAN	£325,000	£262,038	24% above HPI

17 LORNE 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 two 17 LORNE ROAD sales from January 2014 and June 2015 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 January 2014 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the June 2015 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 17 LORNE ROAD?

17 LORNE ROAD is 54m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 10% of detached houses in Southwold, based on EPC data. The below chart shows the distribution of detached houses by size in Southwold, and where 17 LORNE ROAD lies on this distribution: 4% of detached houses are smaller than 17 LORNE ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Southwold.

17 LORNE ROAD: Plot and Title Map

17 LORNE ROAD sits on a plot of roughly 0.016 of an acre, or 65m². The below map shows the location of 17 LORNE 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 17 LORNE 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 17 LORNE ROAD?

17 LORNE ROAD is located in SOUTHWOLD, in the IP18 postcode district. The below map shows the position of No. 17 on LORNE ROAD.