2, CHEDGRAVE ROAD, LOWESTOFT, NR33 9DZ - £162,000

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

2 CHEDGRAVE ROAD is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £162,000 in February 2015, which was around 43% below the average February 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

2 CHEDGRAVE ROAD Sold Prices

Land registry data shows two sales for 2 CHEDGRAVE 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 2 CHEDGRAVE 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
2015 27 FEB	£162,000	£284,841	43% below HPI
1999 29 JAN	£47,995	£90,585	47% below HPI

2 CHEDGRAVE 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 2 CHEDGRAVE ROAD sales from January 1999 and February 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 1999 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the February 2015 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 2 CHEDGRAVE ROAD?

2 CHEDGRAVE ROAD is 64m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 2 CHEDGRAVE ROAD lies on this distribution: 9% of detached houses are smaller than 2 CHEDGRAVE ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 CHEDGRAVE ROAD: Plot and Title Map

2 CHEDGRAVE ROAD sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 2 CHEDGRAVE 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 2 CHEDGRAVE 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 2 CHEDGRAVE ROAD?

2 CHEDGRAVE ROAD is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 2 on CHEDGRAVE ROAD.