27, CLOVELLY RISE, LOWESTOFT, NR32 4EN - £177,500

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

27 CLOVELLY RISE is a small extended detached house of 82m², built sometime between 1967 and 1975. It was last sold for £177,500 in March 2013, which was around 30% below the average March 2013 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

27 CLOVELLY RISE Sold Prices

Land registry data shows three sales for 27 CLOVELLY RISE 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. Two of the three 27 CLOVELLY RISE sales were for below the average price, whilst one was for above 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
2013 1 MAR	£177,500	£252,749	30% below HPI
1997 31 OCT	£80,000	£84,012	5% below HPI
1995 1 SEP	£75,500	£73,256	3% above HPI

27 CLOVELLY RISE 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 27 CLOVELLY RISE sales between September 1995 and March 2013 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 1997 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2013 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 27 CLOVELLY RISE?

27 CLOVELLY RISE is 82m², which includes two extensions, according to the EPC inspection conducted in April 2012. This puts it in the smallest 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 27 CLOVELLY RISE lies on this distribution: 33% of detached houses are smaller than 27 CLOVELLY RISE, and 66% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

27 CLOVELLY RISE: Plot and Title Map

27 CLOVELLY RISE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 27 CLOVELLY RISE, 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 27 CLOVELLY RISE). 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 27 CLOVELLY RISE?

27 CLOVELLY RISE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 27 on CLOVELLY RISE.