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
40 ROCK ROAD is a very small detached house of 42m², built sometime between 1967 and 1975. It was last sold for £170,000 in October 2019, which was around 51% below the average October 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 40 ROCK ROAD 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 40 ROCK 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 |
---|---|---|---|
2019 4 OCT | £170,000 | £349,022 | 51% below HPI |
2018 3 JUL | £155,000 | £354,036 | 56% 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 40 ROCK ROAD sales from July 2018 and October 2019 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 July 2018 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the October 2019 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.
40 ROCK ROAD is 42m² according to the EPC inspection conducted in January 2018. 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 40 ROCK ROAD lies on this distribution: Less than 1% of detached houses are smaller than 40 ROCK ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.
40 ROCK ROAD sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 40 ROCK 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 40 ROCK 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.
40 ROCK ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 40 on ROCK ROAD.