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
55 CORTON ROAD is a very large extended detached house of 136m², built sometime between 1930 and 1949. It was last sold for £326,000 in December 2018, which was around 9% below the average December 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 55 CORTON 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. All of the four 55 CORTON ROAD 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 |
---|---|---|---|
2018 10 DEC | £326,000 | £358,627 | 9% below HPI |
2014 30 JUL | £249,999 | £274,314 | 9% below HPI |
2013 4 MAR | £245,000 | £252,749 | 3% below HPI |
2011 23 SEP | £170,000 | £250,801 | 32% 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 55 CORTON ROAD sales between September 2011 and December 2018 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 July 2014 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2018 sale, which was also at 9% below the HPI.
55 CORTON ROAD is 136m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the largest 20% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 55 CORTON ROAD lies on this distribution: 82% of detached houses are smaller than 55 CORTON ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.
55 CORTON ROAD sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 55 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 55 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.
55 CORTON ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 55 on CORTON ROAD.