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
4 CHEDGRAVE ROAD is a very small extended detached house of 61m², built sometime between 1967 and 1975. It was last sold for £191,000 in October 2017, which was around 45% below the average October 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 4 CHEDGRAVE ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 4 CHEDGRAVE 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 |
---|---|---|---|
2017 19 OCT | £191,000 | £345,681 | 45% below HPI |
2013 15 NOV | £165,500 | £261,530 | 37% below HPI |
2012 24 MAY | £125,000 | £250,962 | 50% below HPI |
2010 22 JAN | £130,000 | £246,204 | 47% 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 four 4 CHEDGRAVE ROAD sales between January 2010 and October 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 November 2013 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2017 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.
4 CHEDGRAVE ROAD is 61m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 4 CHEDGRAVE ROAD lies on this distribution: 7% of detached houses are smaller than 4 CHEDGRAVE ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.
4 CHEDGRAVE ROAD sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 4 CHEDGRAVE 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 4 CHEDGRAVE 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.
4 CHEDGRAVE ROAD is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 4 on CHEDGRAVE ROAD.