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 CHESTNUT CRESCENT is a midsized extended detached house of 89m², built sometime between 1967 and 1975. It was last sold for £200,000 in October 2015, which was around 34% below the average October 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 4 CHESTNUT CRESCENT 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 4 CHESTNUT CRESCENT 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 |
---|---|---|---|
2015 27 OCT | £200,000 | £302,168 | 34% below HPI |
1995 27 OCT | £54,000 | £72,131 | 25% 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 4 CHESTNUT CRESCENT sales from October 1995 and October 2015 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 October 1995 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2015 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.
4 CHESTNUT CRESCENT is 89m², which includes two extensions, according to the EPC inspection conducted in June 2015. 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 4 CHESTNUT CRESCENT lies on this distribution: 42% of detached houses are smaller than 4 CHESTNUT CRESCENT, and 58% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.
4 CHESTNUT CRESCENT sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 4 CHESTNUT CRESCENT, 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 CHESTNUT CRESCENT). 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 CHESTNUT CRESCENT is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 4 on CHESTNUT CRESCENT.