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
3 CULZEAN GARDENS is a midsized extended detached house of 99m², built sometime between 1983 and 1990. It was last sold for £173,000 in August 2014, which was around 38% below the average August 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 3 CULZEAN GARDENS since 1st 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. Both of the two 3 CULZEAN GARDENS 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 |
---|---|---|---|
2014 29 AUG | £173,000 | £276,803 | 38% below HPI |
2003 7 NOV | £147,995 | £200,274 | 26% 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 two 3 CULZEAN GARDENS sales from November 2003 and August 2014 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 2003 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2014 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.
3 CULZEAN GARDENS is 99m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 50% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 3 CULZEAN GARDENS lies on this distribution: 52% of detached houses are smaller than 3 CULZEAN GARDENS, and 47% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.
3 CULZEAN GARDENS sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 3 CULZEAN GARDENS, 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 3 CULZEAN GARDENS). 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.
3 CULZEAN GARDENS is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 3 on CULZEAN GARDENS.