54A, LANCASTER COURT, PIER AVENUE, SOUTHWOLD, IP18 6BU - £220,000

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

54A LANCASTER COURT is a very small extended detached house of 72m², built sometime before 1900. It was last sold for £220,000 in May 2007, which was around 9% below the average May 2007 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was C.

54A LANCASTER COURT Sold Prices

Land registry data shows two sales for 54A LANCASTER COURT 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 54A LANCASTER COURT 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
2007 18 MAY	£220,000	£241,623	9% below HPI
1998 1 SEP	£64,000	£91,426	30% below HPI

54A LANCASTER COURT 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 54A LANCASTER COURT sales from September 1998 and May 2007 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 September 1998 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2007 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 54A LANCASTER COURT?

54A LANCASTER COURT is 72m², which includes one extension, according to the EPC inspection conducted in February 2024. 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 54A LANCASTER COURT lies on this distribution: 13% of detached houses are smaller than 54A LANCASTER COURT, and 87% of houses are larger. Note that EPC data is not available for all properties in Southwold.

54A LANCASTER COURT: Plot and Title Map

54A LANCASTER COURT sits on a plot of roughly 0.154 of an acre, or 625m². The below map shows the location of 54A LANCASTER COURT, 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 54A LANCASTER COURT). 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 54A LANCASTER COURT?

54A LANCASTER COURT is located on PIER AVENUE in SOUTHWOLD, in the IP18 postcode district. The below map shows the position of 54A LANCASTER COURT on PIER AVENUE.