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
62 HOTSON ROAD is a midsized detached house of 118m², built sometime between 1950 and 1966. It was last sold for £885,000 in February 2022, which was around 117% above the average February 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 62 HOTSON ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 62 HOTSON 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 |
---|---|---|---|
2022 10 FEB | £885,000 | £407,268 | 117% above HPI |
2002 20 AUG | £248,500 | £162,008 | 53% above HPI |
1997 8 OCT | £105,000 | £84,012 | 25% above HPI |
The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 62 HOTSON ROAD sales between October 1997 and February 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 2002 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the February 2022 sale, where it rises to 117% above the HPI. The line then continues to track at 117% above the HPI.
62 HOTSON ROAD is 118m² according to the EPC inspection conducted in April 2021. This puts it in the largest 50% of detached houses in Southwold, based on EPC data. The below chart shows the distribution of detached houses by size in Southwold, and where 62 HOTSON ROAD lies on this distribution: 51% of detached houses are smaller than 62 HOTSON ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Southwold.
62 HOTSON ROAD sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 62 HOTSON 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 62 HOTSON 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.
62 HOTSON ROAD is located in SOUTHWOLD, in the IP18 postcode district. The below map shows the position of No. 62 on HOTSON ROAD.