4, CHEVIOT ROAD, OULTON, LOWESTOFT, NR32 3EN - £146,000

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

4 CHEVIOT ROAD is a very small extended detached house of 72m², built sometime between 1967 and 1975. It was last sold for £146,000 in October 2016, which was around 55% below the average October 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

4 CHEVIOT ROAD Sold Prices

Land registry data shows two sales for 4 CHEVIOT ROAD 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 4 CHEVIOT 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
2016 28 OCT	£146,000	£324,487	55% below HPI
1995 31 MAR	£58,000	£76,074	24% below HPI

4 CHEVIOT ROAD 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 4 CHEVIOT ROAD sales from March 1995 and October 2016 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 1995 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2016 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 4 CHEVIOT ROAD?

4 CHEVIOT ROAD is 72m², which includes one extension, according to the EPC inspection conducted in December 2015. 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 4 CHEVIOT ROAD lies on this distribution: 19% of detached houses are smaller than 4 CHEVIOT ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

4 CHEVIOT ROAD: Plot and Title Map

4 CHEVIOT ROAD sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 4 CHEVIOT 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 CHEVIOT 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.

Where is 4 CHEVIOT ROAD?

4 CHEVIOT ROAD is located in OULTON, in the NR32 postcode district. The below map shows the position of No. 4 on CHEVIOT ROAD.