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
49 PIER AVENUE is a small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £813,528 in August 2023, which was around 91% above the average August 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 49 PIER AVENUE 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 49 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 |
---|---|---|---|
2023 4 AUG | £813,528 | £426,969 | 91% above HPI |
2003 6 MAY | £315,000 | £184,148 | 71% above HPI |
1995 16 AUG | £95,000 | £74,537 | 27% 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 three 49 PIER AVENUE sales between August 1995 and August 2023 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 May 2003 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the August 2023 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.
49 PIER AVENUE is 85m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 30% of detached houses in Southwold, based on EPC data. The below chart shows the distribution of detached houses by size in Southwold, and where 49 PIER AVENUE lies on this distribution: 22% of detached houses are smaller than 49 PIER AVENUE, and 76% of houses are larger. Note that EPC data is not available for all properties in Southwold.
49 PIER AVENUE sits on a plot of roughly 0.221 of an acre, or 895m². The below map shows the location of 49 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 49 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.
49 PIER AVENUE is located in SOUTHWOLD, in the IP18 postcode district. The below map shows the position of No. 49 on PIER AVENUE.