54, CORTON ROAD, LOWESTOFT, NR32 4PP - £480,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

54 CORTON ROAD is a very large extended detached house of 211m², built sometime between 1976 and 1982, which could now be worth an estimated £503,839. It was last sold for £480,000 in November 2021, which was around 19% above the average November 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was C.

54 CORTON ROAD Sold Prices

Land registry data shows four sales for 54 CORTON ROAD since 1^st 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 54 CORTON 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
2021 12 NOV	£480,000	£403,030	19% above HPI
2013 6 DEC	£277,500	£264,784	5% above HPI
2009 8 MAY	£240,000	£223,560	7% above HPI
2000 14 NOV	£117,000	£118,540	1% below HPI

54 CORTON ROAD 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 four 54 CORTON ROAD sales between November 2000 and November 2021 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 2013 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2021 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 54 CORTON ROAD be worth now?

54 CORTON ROAD might now be worth an estimated £503,839.

This is based on house price inflation of 5%, between November 2021 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5% inflationary increase is applied to the most recent sale price for 54 CORTON ROAD of £480,000 on 12th November 2021. For the value to have increased from £480,000 to £503,839 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 54 CORTON ROAD has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The November 2021 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 54 CORTON ROAD has not materially changed since November 2021.

How Large is 54 CORTON ROAD?

54 CORTON ROAD is 211m², which includes three extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 10% of detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowestoft, and where 54 CORTON ROAD lies on this distribution: 97% of detached houses houses are smaller than 54 CORTON ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

54 CORTON ROAD: Plot and Title Map

54 CORTON ROAD sits on a plot of roughly 0.212 of an acre, or 856m². The below map shows the location of 54 CORTON 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 54 CORTON 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.

Where is 54 CORTON ROAD?

54 CORTON ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 54 on CORTON ROAD.