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
50 HOTSON ROAD is a very small extended detached house of 65m², built sometime before 1900. It was last sold for £555,000 in May 2024, which was around 33% above the average May 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 50 HOTSON ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Most of the four 50 HOTSON ROAD 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 |
---|---|---|---|
2024 24 MAY | £555,000 | £417,764 | 33% above HPI |
2021 4 NOV | £590,000 | £402,968 | 46% above HPI |
2009 25 SEP | £320,000 | £233,791 | 37% above HPI |
1997 7 JAN | £65,000 | £78,341 | 17% 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 four 50 HOTSON ROAD sales between January 1997 and May 2024 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 November 2021 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the May 2024 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.
50 HOTSON ROAD is 65m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 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 50 HOTSON ROAD lies on this distribution: 10% of detached houses are smaller than 50 HOTSON ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Southwold.
50 HOTSON ROAD sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 50 HOTSON 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 50 HOTSON 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.
50 HOTSON ROAD is located in SOUTHWOLD, in the IP18 postcode district. The below map shows the position of No. 50 on HOTSON ROAD.