4, CRANLEIGH ROAD, LOWESTOFT, NR33 7EX - £270,000

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 CRANLEIGH ROAD is a large detached house of 123m², built sometime between 1976 and 1982. It was last sold for £270,000 in January 2021, which was around 28% below the average January 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

4 CRANLEIGH ROAD Sold Prices

Land registry data shows two sales for 4 CRANLEIGH 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 CRANLEIGH 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
2021 29 JAN	£270,000	£373,856	28% below HPI
2000 17 APR	£98,000	£105,000	7% below HPI

4 CRANLEIGH 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 CRANLEIGH ROAD sales from April 2000 and January 2021 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 April 2000 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 4 CRANLEIGH ROAD?

4 CRANLEIGH ROAD is 123m² according to the EPC inspection conducted in September 2020. This puts it in the largest 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 4 CRANLEIGH ROAD lies on this distribution: 74% of detached houses are smaller than 4 CRANLEIGH ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

4 CRANLEIGH ROAD: Plot and Title Map

4 CRANLEIGH ROAD sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 4 CRANLEIGH 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 CRANLEIGH 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 CRANLEIGH ROAD?

4 CRANLEIGH ROAD is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 4 on CRANLEIGH ROAD.