197, THE AVENUE, LOWESTOFT, NR33 7LJ - £236,000

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

197 THE AVENUE is a large extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £236,000 in August 2019, which was around 33% below the average August 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

197 THE AVENUE Sold Prices

Land registry data shows three sales for 197 THE AVENUE since 1^st 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 197 THE AVENUE 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
2019 23 AUG	£236,000	£350,133	33% below HPI
2018 30 AUG	£150,000	£357,858	58% below HPI
2018 16 MAR	£170,000	£339,832	50% below HPI

197 THE AVENUE 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 three 197 THE AVENUE sales between March 2018 and August 2019 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 August 2018 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the August 2019 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 197 THE AVENUE?

197 THE AVENUE is 110m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 40% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 197 THE AVENUE lies on this distribution: 63% of detached houses are smaller than 197 THE AVENUE, and 36% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

197 THE AVENUE: Plot and Title Map

197 THE AVENUE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 197 THE AVENUE, 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 197 THE AVENUE). 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 197 THE AVENUE?

197 THE AVENUE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 197 on THE AVENUE.