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
41 PIER AVENUE is a very large extended detached house of 179m², built sometime between 1900 and 1929. It was last sold for £620,000 in July 2014, which was around 126% above the average July 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 41 PIER AVENUE 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 41 PIER AVENUE sales were for above 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 |
---|---|---|---|
2014 17 JUL | £620,000 | £274,314 | 126% above HPI |
1999 20 DEC | £265,000 | £102,225 | 159% above 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 41 PIER AVENUE sales from December 1999 and July 2014 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 December 1999 sale was for 159% above the HPI. So the extrapolation line tracks at 159% above the HPI over time, until the July 2014 sale, where it falls to 126% above the HPI. The line then continues to track at 126% above the HPI.
41 PIER AVENUE is 179m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 20% of detached houses in Southwold, based on EPC data. The below chart shows the distribution of detached houses by size in Southwold, and where 41 PIER AVENUE lies on this distribution: 85% of detached houses are smaller than 41 PIER AVENUE, and 14% of houses are larger. Note that EPC data is not available for all properties in Southwold.
41 PIER AVENUE sits on a plot of roughly 0.175 of an acre, or 707m². The below map shows the location of 41 PIER AVENUE, 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 41 PIER AVENUE). 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.
41 PIER AVENUE is located in SOUTHWOLD, in the IP18 postcode district. The below map shows the position of No. 41 on PIER AVENUE.