31, CLOVELLY RISE, LOWESTOFT, NR32 4EN - £149,950

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

31 CLOVELLY RISE is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £149,950 in September 2010, which was around 43% below the average September 2010 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

31 CLOVELLY RISE Sold Prices

Land registry data shows two sales for 31 CLOVELLY RISE since 1^st 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 31 CLOVELLY RISE 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
2010 22 SEP	£149,950	£261,384	43% below HPI
2002 25 JAN	£109,000	£143,391	24% below HPI

31 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 two 31 CLOVELLY RISE sales from January 2002 and September 2010 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 January 2002 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2010 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 31 CLOVELLY RISE?

31 CLOVELLY RISE is 66m² according to the EPC inspection conducted in January 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 31 CLOVELLY RISE lies on this distribution: 12% of detached houses are smaller than 31 CLOVELLY RISE, and 87% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

31 CLOVELLY RISE: Plot and Title Map

31 CLOVELLY RISE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 31 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 31 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 31 CLOVELLY RISE?

31 CLOVELLY RISE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 31 on CLOVELLY RISE.