2, CHESTNUT CRESCENT, CARLTON COLVILLE, LOWESTOFT, NR33 8BQ - £137,500

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 CHESTNUT CRESCENT is a small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £137,500 in January 2012, which was around 47% below the average January 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

2 CHESTNUT CRESCENT Sold Prices

Land registry data shows three sales for 2 CHESTNUT CRESCENT 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 2 CHESTNUT CRESCENT 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
2012 13 JAN	£137,500	£260,137	47% below HPI
2006 30 NOV	£144,995	£241,140	40% below HPI
1996 23 AUG	£57,500	£73,808	22% below HPI

2 CHESTNUT CRESCENT 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 2 CHESTNUT CRESCENT sales between August 1996 and January 2012 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 2006 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2012 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 2 CHESTNUT CRESCENT?

2 CHESTNUT CRESCENT is 73m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 30% 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 CHESTNUT CRESCENT lies on this distribution: 20% of detached houses are smaller than 2 CHESTNUT CRESCENT, and 80% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 CHESTNUT CRESCENT: Plot and Title Map

2 CHESTNUT CRESCENT sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 2 CHESTNUT CRESCENT, 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 CHESTNUT CRESCENT). 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 CHESTNUT CRESCENT?

2 CHESTNUT CRESCENT is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 2 on CHESTNUT CRESCENT.