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
35 WALMER ROAD is a small extended detached house of 75m², built sometime between 1930 and 1949. It was last sold for £339,000 in May 2023, which was around 18% below the average May 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 35 WALMER ROAD since 1st 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 35 WALMER 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 11 MAY | £339,000 | £415,931 | 18% below HPI |
2021 30 SEP | £230,000 | £378,972 | 39% below HPI |
1998 31 JUL | £71,000 | £89,503 | 21% 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 three 35 WALMER ROAD sales between July 1998 and May 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 September 2021 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.
35 WALMER ROAD is 75m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 35 WALMER ROAD lies on this distribution: 23% of detached houses are smaller than 35 WALMER ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.
35 WALMER ROAD sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 35 WALMER 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 35 WALMER 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.
35 WALMER ROAD is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 35 on WALMER ROAD.