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
74 WESTWOOD AVENUE is a large extended detached house of 123m², built sometime between 1967 and 1975. It was last sold for £192,000 in May 2015, which was around 34% below the average May 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 74 WESTWOOD AVENUE 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 74 WESTWOOD 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 |
---|---|---|---|
2015 22 MAY | £192,000 | £291,615 | 34% below HPI |
2009 25 SEP | £175,000 | £233,791 | 25% below HPI |
2005 25 JUN | £165,000 | £216,267 | 24% below 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 74 WESTWOOD AVENUE sales between June 2005 and May 2015 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 September 2009 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2015 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.
74 WESTWOOD AVENUE is 123m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 30% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 74 WESTWOOD AVENUE lies on this distribution: 74% of detached houses are smaller than 74 WESTWOOD AVENUE, and 25% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.
74 WESTWOOD AVENUE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 74 WESTWOOD 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 74 WESTWOOD 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.
74 WESTWOOD AVENUE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 74 on WESTWOOD AVENUE.