28, CRANLEIGH ROAD, LOWESTOFT, NR33 7EX - £260,000

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

28 CRANLEIGH ROAD is a very small extended detached house of 70m², built sometime between 1967 and 1975. It was last sold for £260,000 in March 2023, which was around 40% below the average March 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

28 CRANLEIGH ROAD Sold Prices

Land registry data shows six sales for 28 CRANLEIGH ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the six 28 CRANLEIGH 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
2023 24 MAR	£260,000	£431,207	40% below HPI
2020 10 NOV	£225,000	£379,967	41% below HPI
2016 11 MAY	£174,000	£307,292	43% below HPI
2013 21 JAN	£149,000	£250,756	41% below HPI
2012 28 MAY	£112,000	£250,962	55% below HPI
1997 29 AUG	£48,500	£83,677	42% below HPI

28 CRANLEIGH 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 six 28 CRANLEIGH ROAD sales between August 1997 and March 2023 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 2020 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2023 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 28 CRANLEIGH ROAD?

28 CRANLEIGH ROAD is 70m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 20% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 28 CRANLEIGH ROAD lies on this distribution: 17% of detached houses are smaller than 28 CRANLEIGH ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

28 CRANLEIGH ROAD: Plot and Title Map

28 CRANLEIGH ROAD sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 28 CRANLEIGH 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 28 CRANLEIGH 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 28 CRANLEIGH ROAD?

28 CRANLEIGH ROAD is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 28 on CRANLEIGH ROAD.