22, STATION ROAD, CORTON, LOWESTOFT, NR32 5HF - £262,500

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

22 STATION ROAD is a small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £262,500 in October 2016, which was around 19% below the average October 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was D.

22 STATION ROAD Sold Prices

Land registry data shows two sales for 22 STATION 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 22 STATION 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
2016 28 OCT	£262,500	£324,487	19% below HPI
1995 17 NOV	£67,000	£71,590	6% below HPI

22 STATION 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 22 STATION ROAD sales from November 1995 and October 2016 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 1995 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2016 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 22 STATION ROAD?

22 STATION ROAD is 85m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% of detached houses in Corton, based on EPC data. The below chart shows the distribution of detached houses by size in Corton, and where 22 STATION ROAD lies on this distribution: 40% of detached houses are smaller than 22 STATION ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Corton.

22 STATION ROAD: Plot and Title Map

22 STATION ROAD sits on a plot of roughly 0.306 of an acre, or 1,239m². The below map shows the location of 22 STATION 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 22 STATION 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 22 STATION ROAD?

22 STATION ROAD is located in CORTON, in the NR32 postcode district. The below map shows the position of No. 22 on STATION ROAD.