23, PIER AVENUE, SOUTHWOLD, IP18 6BU - £450,000

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

23 PIER AVENUE is a very small extended detached house of 56m², built sometime between 1950 and 1966. It was last sold for £450,000 in May 2024, which was around 7% above the average May 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2023, where the current energy rating was E, and the potential energy rating was B.

23 PIER AVENUE Sold Prices

Land registry data shows two sales for 23 PIER 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 23 PIER 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
2024 24 MAY	£450,000	£420,877	7% above HPI
1998 22 MAY	£78,000	£85,580	9% below HPI

23 PIER 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 23 PIER AVENUE sales from May 1998 and May 2024 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 May 1998 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2024 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 23 PIER AVENUE?

23 PIER AVENUE is 56m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 10% of detached houses in Southwold, based on EPC data. The below chart shows the distribution of detached houses by size in Southwold, and where 23 PIER AVENUE lies on this distribution: 5% of detached houses are smaller than 23 PIER AVENUE, and 95% of houses are larger. Note that EPC data is not available for all properties in Southwold.

23 PIER AVENUE: Plot and Title Map

23 PIER AVENUE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 23 PIER 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 23 PIER 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 23 PIER AVENUE?

23 PIER AVENUE is located in SOUTHWOLD, in the IP18 postcode district. The below map shows the position of No. 23 on PIER AVENUE.