Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
48 PINEWOOD GARDENS is a small extended detached house of 76m², built sometime between 1976 and 1982. It was last sold for £135,000 in April 2005, which was around 38% below the average April 2005 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 48 PINEWOOD GARDENS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 48 PINEWOOD GARDENS 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 |
---|---|---|---|
2005 25 APR | £135,000 | £217,897 | 38% below HPI |
2003 23 JUN | £110,000 | £185,377 | 41% below HPI |
1995 3 NOV | £50,000 | £71,590 | 30% 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 three 48 PINEWOOD GARDENS sales between November 1995 and April 2005 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 June 2003 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the April 2005 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.
48 PINEWOOD GARDENS is 76m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the smallest 40% of detached houses in North Cove, based on EPC data. The below chart shows the distribution of detached houses by size in North Cove, and where 48 PINEWOOD GARDENS lies on this distribution: 30% of detached houses are smaller than 48 PINEWOOD GARDENS, and 70% of houses are larger. Note that EPC data is not available for all properties in North Cove.
48 PINEWOOD GARDENS sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 48 PINEWOOD GARDENS, 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 48 PINEWOOD GARDENS). 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.
48 PINEWOOD GARDENS is located in NORTH COVE, in the NR34 postcode district. The below map shows the position of No. 48 on PINEWOOD GARDENS.