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
77 CRANESBILL ROAD is a very small detached house of 51m², built sometime between 1976 and 1982. It was last sold for £257,000 in December 2021, which was around 37% below the average December 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 77 CRANESBILL ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 77 CRANESBILL 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 |
---|---|---|---|
2021 10 DEC | £257,000 | £404,862 | 37% below HPI |
2019 17 DEC | £160,000 | £355,140 | 55% below HPI |
2001 2 OCT | £77,000 | £141,875 | 46% below HPI |
1999 31 AUG | £56,000 | £99,731 | 44% 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 four 77 CRANESBILL ROAD sales between August 1999 and December 2021 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 December 2019 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the December 2021 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.
77 CRANESBILL ROAD is 51m² according to the EPC inspection conducted in September 2019. 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 77 CRANESBILL ROAD lies on this distribution: 1% of detached houses are smaller than 77 CRANESBILL ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.
77 CRANESBILL ROAD sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 77 CRANESBILL 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 77 CRANESBILL 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.
77 CRANESBILL ROAD is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 77 on CRANESBILL ROAD.