1A, GRAND AVENUE, LOWESTOFT, NR33 7AR - £405,000

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 GRAND AVENUE is a large extended detached house of 132m², built sometime between 1950 and 1966. It was last sold for £405,000 in August 2021, which was around 7% above the average August 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

1A GRAND AVENUE Sold Prices

Land registry data shows two sales for 1A GRAND 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. One of the two 1A GRAND AVENUE sales was for above the average price, whilst the other was 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 AUG	£405,000	£378,011	7% above HPI
2004 16 JUL	£182,000	£219,642	17% below HPI

1A GRAND 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 GRAND AVENUE sales from July 2004 and August 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 July 2004 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 1A GRAND AVENUE?

1A GRAND AVENUE is 132m², which includes three extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 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 GRAND AVENUE lies on this distribution: 80% of detached houses are smaller than 1A GRAND AVENUE, and 19% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1A GRAND AVENUE: Plot and Title Map

1A GRAND AVENUE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 1A GRAND 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 GRAND 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 GRAND AVENUE?

1A GRAND AVENUE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 1A on GRAND AVENUE.