61, CRANESBILL ROAD, LOWESTOFT, NR33 7EE - £257,500

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

61 CRANESBILL ROAD is a very small extended detached house of 72m², built sometime between 1967 and 1975. It was last sold for £257,500 in June 2023, which was around 38% below the average June 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

61 CRANESBILL ROAD Sold Prices

Land registry data shows two sales for 61 CRANESBILL 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 61 CRANESBILL 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
2023 30 JUN	£257,500	£414,165	38% below HPI
1999 27 AUG	£65,500	£99,731	34% below HPI

61 CRANESBILL 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 61 CRANESBILL ROAD sales from August 1999 and June 2023 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 1999 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2023 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 61 CRANESBILL ROAD?

61 CRANESBILL ROAD is 72m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 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 61 CRANESBILL ROAD lies on this distribution: 19% of detached houses are smaller than 61 CRANESBILL ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

61 CRANESBILL ROAD: Plot and Title Map

61 CRANESBILL ROAD sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 61 CRANESBILL 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 61 CRANESBILL 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 61 CRANESBILL ROAD?

61 CRANESBILL ROAD is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 61 on CRANESBILL ROAD.