1A, FERN AVENUE, LOWESTOFT, NR32 3JF - £127,000

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

1A FERN AVENUE is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £127,000 in April 2003, which was around 31% below the average April 2003 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2015, where the current energy rating was B, and the potential energy rating was A.

1A FERN AVENUE Sold Prices

Land registry data shows two sales for 1A FERN AVENUE 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 1A FERN 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
2003 24 APR	£127,000	£185,103	31% below HPI
1999 2 NOV	£72,995	£100,119	27% below HPI

1A FERN 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 two 1A FERN AVENUE sales from November 1999 and April 2003 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 November 1999 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2003 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 1A FERN AVENUE?

1A FERN AVENUE is 71m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 1A FERN AVENUE lies on this distribution: 18% of detached houses are smaller than 1A FERN AVENUE, and 81% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1A FERN AVENUE: Plot and Title Map

1A FERN AVENUE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 1A FERN 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 1A FERN 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 1A FERN AVENUE?

1A FERN AVENUE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 1A on FERN AVENUE.