7, FERNDALE AVENUE, LOWESTOFT, NR32 4EF - £200,000

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 FERNDALE AVENUE is a very small extended detached house of 67m², built sometime between 1967 and 1975. It was last sold for £200,000 in October 2023, which was around 54% below the average October 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

7 FERNDALE AVENUE Sold Prices

Land registry data shows two sales for 7 FERNDALE AVENUE 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 FERNDALE 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
2023 26 OCT	£200,000	£434,532	54% below HPI
1995 10 APR	£50,000	£76,374	35% below HPI

7 FERNDALE 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 two 7 FERNDALE AVENUE sales from April 1995 and October 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 April 1995 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2023 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 7 FERNDALE AVENUE?

7 FERNDALE AVENUE is 67m², which includes two extensions, according to the EPC inspection conducted in July 2023. 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 7 FERNDALE AVENUE lies on this distribution: 13% of detached houses are smaller than 7 FERNDALE AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

7 FERNDALE AVENUE: Plot and Title Map

7 FERNDALE AVENUE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 7 FERNDALE 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 FERNDALE 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 FERNDALE AVENUE?

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