31, FERN AVENUE, LOWESTOFT, NR32 3JF - £220,000

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

31 FERN AVENUE is a midsized extended detached house of 94m², built sometime between 1967 and 1975. It was last sold for £220,000 in January 2017, which was around 33% below the average January 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

31 FERN AVENUE Sold Prices

Land registry data shows three sales for 31 FERN AVENUE 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. All of the three 31 FERN 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
2017 18 JAN	£220,000	£326,222	33% below HPI
2012 1 MAR	£165,000	£251,707	34% below HPI
2005 8 MAR	£140,000	£224,733	38% below HPI

31 FERN AVENUE 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 31 FERN AVENUE sales between March 2005 and January 2017 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 March 2012 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2017 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 31 FERN AVENUE?

31 FERN AVENUE is 94m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the smallest 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 31 FERN AVENUE lies on this distribution: 47% of detached houses are smaller than 31 FERN AVENUE, and 52% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

31 FERN AVENUE: Plot and Title Map

31 FERN AVENUE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 31 FERN 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 31 FERN 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.

Where is 31 FERN AVENUE?

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