8, STATION ROAD, CORTON, LOWESTOFT, NR32 5HF - £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

8 STATION ROAD is a very large extended detached house of 174m², built sometime between 1930 and 1949. It was last sold for £425,000 in February 2021, which was around 14% above the average February 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

8 STATION ROAD Sold Prices

Land registry data shows two sales for 8 STATION ROAD 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 8 STATION ROAD 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
2021 17 FEB	£425,000	£373,390	14% above HPI
2016 18 MAR	£359,950	£308,457	17% above HPI

8 STATION ROAD 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 8 STATION ROAD sales from March 2016 and February 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 March 2016 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the February 2021 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 8 STATION ROAD?

8 STATION ROAD is 174m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 20% of detached houses in Corton, based on EPC data. The below chart shows the distribution of detached houses by size in Corton, and where 8 STATION ROAD lies on this distribution: 88% of detached houses are smaller than 8 STATION ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Corton.

8 STATION ROAD: Plot and Title Map

8 STATION ROAD sits on a plot of roughly 0.273 of an acre, or 1,106m². The below map shows the location of 8 STATION 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 8 STATION 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.

Where is 8 STATION ROAD?

8 STATION ROAD is located in CORTON, in the NR32 postcode district. The below map shows the position of No. 8 on STATION ROAD.