56, CORTON ROAD, LOWESTOFT, NR32 4PP - £692,000

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

56 CORTON ROAD is a very large extended detached house of 251m², built sometime between 2003 and 2006. It was last sold for £692,000 in March 2021, which was around 86% above the average March 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was C.

56 CORTON ROAD Sold Prices

Land registry data shows two sales for 56 CORTON ROAD 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 56 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 26 MAR	£692,000	£371,419	86% above HPI
2010 15 OCT	£270,000	£257,436	5% above HPI

56 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 two 56 CORTON ROAD sales from October 2010 and March 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 October 2010 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2021 sale, where it rises to 86% above the HPI. The line then continues to track at 86% above the HPI.

How Large is 56 CORTON ROAD?

56 CORTON ROAD is 251m², which includes one extension, according to the EPC inspection conducted in October 2020. 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 56 CORTON ROAD lies on this distribution: 99% of detached houses are smaller than 56 CORTON ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

56 CORTON ROAD: Plot and Title Map

56 CORTON ROAD sits on a plot of roughly 0.252 of an acre, or 1,020m². The below map shows the location of 56 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 56 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 56 CORTON ROAD?

56 CORTON ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 56 on CORTON ROAD.