4, MERVILLE, CARLTON COLVILLE, LOWESTOFT, NR33 8UF - £332,000

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 MERVILLE is a large extended detached house of 119m², built sometime between 1991 and 1995. It was last sold for £332,000 in May 2024, which was around 21% below the average May 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

4 MERVILLE Sold Prices

Land registry data shows two sales for 4 MERVILLE 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 MERVILLE 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
2024 31 MAY	£332,000	£420,877	21% below HPI
2011 11 JAN	£190,000	£249,934	24% below HPI

4 MERVILLE 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 MERVILLE sales from January 2011 and May 2024 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 January 2011 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2024 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 4 MERVILLE?

4 MERVILLE is 119m², which includes one extension, according to the EPC inspection conducted in September 2022. 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 MERVILLE lies on this distribution: 71% of detached houses are smaller than 4 MERVILLE, and 28% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

4 MERVILLE: Plot and Title Map

4 MERVILLE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 4 MERVILLE, 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 MERVILLE). 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 MERVILLE?

4 MERVILLE is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 4 on MERVILLE.