70, PIER AVENUE, SOUTHWOLD, IP18 6BL - £425,000

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

70 PIER AVENUE is a large extended detached house of 135m², built sometime between 1967 and 1975. It was last sold for £425,000 in August 2012, which was around 71% above the average August 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

70 PIER AVENUE Sold Prices

Land registry data shows two sales for 70 PIER 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 70 PIER AVENUE 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
2012 10 AUG	£425,000	£248,594	71% above HPI
2005 4 NOV	£285,000	£226,655	26% above HPI

70 PIER 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 70 PIER AVENUE sales from November 2005 and August 2012 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 2005 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2012 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is 70 PIER AVENUE?

70 PIER AVENUE is 135m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 40% of detached houses in Southwold, based on EPC data. The below chart shows the distribution of detached houses by size in Southwold, and where 70 PIER AVENUE lies on this distribution: 64% of detached houses are smaller than 70 PIER AVENUE, and 34% of houses are larger. Note that EPC data is not available for all properties in Southwold.

70 PIER AVENUE: Plot and Title Map

70 PIER AVENUE sits on a plot of roughly 0.212 of an acre, or 856m². The below map shows the location of 70 PIER 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 70 PIER 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 70 PIER AVENUE?

70 PIER AVENUE is located in SOUTHWOLD, in the IP18 postcode district. The below map shows the position of No. 70 on PIER AVENUE.