24, LIME AVENUE, LOWESTOFT, NR32 3QG - £263,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 LIME AVENUE is a large detached house of 111m², which could now be worth an estimated £315,800. It was last sold for £263,000 in June 2020, which was around 25% below the average June 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2016, where the current energy rating was B, and the potential energy rating was A.

24 LIME AVENUE Sold Prices

Land registry data shows three sales for 24 LIME AVENUE 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 24 LIME AVENUE 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
2020 11 JUN	£263,000	£352,315	25% below HPI
2018 31 OCT	£252,500	£358,768	30% below HPI
2016 27 JUN	£229,950	£306,226	25% below HPI

24 LIME 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 three 24 LIME AVENUE sales between June 2016 and June 2020 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 October 2018 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 24 LIME AVENUE be worth now?

24 LIME AVENUE might now be worth an estimated £315,800.

This is based on house price inflation of 20.1%, between June 2020 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.1% inflationary increase is applied to the most recent sale price for 24 LIME AVENUE of £263,000 on 11th June 2020. For the value to have increased from £263,000 to £315,800 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 24 LIME AVENUE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The June 2020 sale price of £263,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LIME AVENUE has not materially changed since June 2020.

How Large is 24 LIME AVENUE?

24 LIME AVENUE is 111m² according to the EPC inspection conducted in June 2016. This puts it in the largest 40% of detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowestoft, and where 24 LIME AVENUE lies on this distribution: 65% of detached houses houses are smaller than 24 LIME AVENUE, and 34% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

24 LIME AVENUE: Plot and Title Map

24 LIME AVENUE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 24 LIME 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 24 LIME 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 24 LIME AVENUE?

24 LIME AVENUE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 24 on LIME AVENUE.