56, ELM TREE ROAD, LOWESTOFT, NR33 9ET - £280,000

56 ELM TREE ROAD is a small extended detached house of 82m², built sometime between 1950 and 1966. It was last sold for £280,000 in November 2022, which was around 37% below the average November 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

56 ELM TREE ROAD Sold Prices

Land registry data shows two sales for 56 ELM TREE 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 ELM TREE 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
2022 29 NOV	£280,000	£443,789	37% below HPI
2000 30 AUG	£55,000	£118,997	54% below HPI

56 ELM TREE 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 ELM TREE ROAD sales from August 2000 and November 2022 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 2000 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the November 2022 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 56 ELM TREE ROAD?

56 ELM TREE ROAD is 82m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the smallest 40% 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 ELM TREE ROAD lies on this distribution: 33% of detached houses are smaller than 56 ELM TREE ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

56 ELM TREE ROAD: Plot and Title Map

56 ELM TREE ROAD sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 56 ELM TREE 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 ELM TREE 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 ELM TREE ROAD?

56 ELM TREE ROAD is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 56 on ELM TREE ROAD.