5, HERITAGE GREEN, KESSINGLAND, LOWESTOFT, NR33 7UP - £245,000

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

5 HERITAGE GREEN is a small detached house of 78m², built sometime from 2007 onwards. It was last sold for £245,000 in July 2019, which was around 30% below the average July 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

5 HERITAGE GREEN Sold Prices

Land registry data shows two sales for 5 HERITAGE GREEN 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 5 HERITAGE GREEN 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 31 JUL	£245,000	£349,371	30% below HPI
2008 15 DEC	£205,000	£233,493	12% below HPI

5 HERITAGE GREEN 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 5 HERITAGE GREEN sales from December 2008 and July 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 December 2008 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 5 HERITAGE GREEN?

5 HERITAGE GREEN is 78m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 40% of detached houses in Kessingland, based on EPC data. The below chart shows the distribution of detached houses by size in Kessingland, and where 5 HERITAGE GREEN lies on this distribution: 31% of detached houses are smaller than 5 HERITAGE GREEN, and 67% of houses are larger. Note that EPC data is not available for all properties in Kessingland.

5 HERITAGE GREEN: Plot and Title Map

5 HERITAGE GREEN sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 5 HERITAGE GREEN, 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 5 HERITAGE GREEN). 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 5 HERITAGE GREEN?

5 HERITAGE GREEN is located in KESSINGLAND, in the NR33 postcode district. The below map shows the position of No. 5 on HERITAGE GREEN.