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
24 LIME AVENUE is a large detached house of 111m². 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.
Land registry data shows three sales for 24 LIME AVENUE since 1st 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 | £352,260 | 25% below HPI |
2018 31 OCT | £252,500 | £358,712 | 30% below HPI |
2016 27 JUN | £229,950 | £306,179 | 25% below HPI |
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.
24 LIME AVENUE is 111m² according to the EPC inspection conducted in June 2016. This puts it in the largest 40% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 24 LIME AVENUE lies on this distribution: 65% of detached 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 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.
24 LIME AVENUE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 24 on LIME AVENUE.