Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
543 LONDON ROAD SOUTH is a very large extended detached house of 203m², built sometime between 1900 and 1929. It was last sold for £293,000 in May 2014, which was around 8% above the average May 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2012, where the current energy rating was F, and the potential energy rating was C.
Land registry data shows three sales for 543 LONDON ROAD SOUTH 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 543 LONDON ROAD SOUTH 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 |
---|---|---|---|
2014 30 MAY | £293,000 | £270,205 | 8% above HPI |
2007 30 AUG | £308,800 | £261,746 | 18% above HPI |
1995 29 APR | £90,000 | £76,374 | 18% 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 543 LONDON ROAD SOUTH sales between April 1995 and May 2014 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 August 2007 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the May 2014 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.
543 LONDON ROAD SOUTH is 203m², which includes two extensions, according to the EPC inspection conducted in June 2012. This puts it in the largest 10% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 543 LONDON ROAD SOUTH lies on this distribution: 97% of detached houses are smaller than 543 LONDON ROAD SOUTH, and 3% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.
543 LONDON ROAD SOUTH sits on a plot of roughly 0.248 of an acre, or 1,006m². The below map shows the location of 543 LONDON ROAD SOUTH, 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 543 LONDON ROAD SOUTH). 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.
543 LONDON ROAD SOUTH is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 543 on LONDON ROAD SOUTH.