7, CHIPPERFIELD ROAD, KESSINGLAND, LOWESTOFT, NR33 7SS - £230,000

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

7 CHIPPERFIELD ROAD is a small detached house of 75m², built sometime between 1983 and 1990. It was last sold for £230,000 in May 2024, which was around 45% below the average May 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

7 CHIPPERFIELD ROAD Sold Prices

Land registry data shows two sales for 7 CHIPPERFIELD 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 7 CHIPPERFIELD 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
2024 15 MAY	£230,000	£420,877	45% below HPI
1995 24 NOV	£56,000	£71,590	22% below HPI

7 CHIPPERFIELD 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 7 CHIPPERFIELD ROAD sales from November 1995 and May 2024 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 November 1995 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2024 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 7 CHIPPERFIELD ROAD?

7 CHIPPERFIELD ROAD is 75m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 30% of detached houses in Kessingland, based on EPC data. The below chart shows the distribution of detached houses by size in Kessingland, and where 7 CHIPPERFIELD ROAD lies on this distribution: 25% of detached houses are smaller than 7 CHIPPERFIELD ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Kessingland.

7 CHIPPERFIELD ROAD: Plot and Title Map

7 CHIPPERFIELD ROAD sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 7 CHIPPERFIELD 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 7 CHIPPERFIELD 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 7 CHIPPERFIELD ROAD?

7 CHIPPERFIELD ROAD is located in KESSINGLAND, in the NR33 postcode district. The below map shows the position of No. 7 on CHIPPERFIELD ROAD.