7, ELMHURST AVENUE, LOWESTOFT, NR32 3AR - £260,000

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 ELMHURST AVENUE is a very small detached house of 63m², built sometime between 1950 and 1966. It was last sold for £260,000 in September 2022, which was around 41% below the average September 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

7 ELMHURST AVENUE Sold Prices

Land registry data shows five sales for 7 ELMHURST AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the five 7 ELMHURST AVENUE 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 16 SEP	£260,000	£439,700	41% below HPI
2017 27 OCT	£215,000	£345,681	38% below HPI
2010 29 OCT	£139,995	£257,436	46% below HPI
2001 14 SEP	£78,995	£139,852	44% below HPI
1997 30 MAY	£44,000	£79,476	45% below HPI

7 ELMHURST AVENUE 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 five 7 ELMHURST AVENUE sales between May 1997 and September 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 October 2017 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2022 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 7 ELMHURST AVENUE?

7 ELMHURST AVENUE is 63m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 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 7 ELMHURST AVENUE lies on this distribution: 9% of detached houses are smaller than 7 ELMHURST AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

7 ELMHURST AVENUE: Plot and Title Map

7 ELMHURST AVENUE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 7 ELMHURST AVENUE, 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 ELMHURST AVENUE). 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 ELMHURST AVENUE?

7 ELMHURST AVENUE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 7 on ELMHURST AVENUE.