8, THE AVENUE, LOWESTOFT, NR33 7LL - £430,000

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 THE AVENUE is a very large extended detached house of 179m², built sometime before 1900. It was last sold for £430,000 in November 2018, which was around 20% above the average November 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

8 THE AVENUE Sold Prices

Land registry data shows two sales for 8 THE 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 8 THE 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
2018 19 NOV	£430,000	£357,827	20% above HPI
2006 19 APR	£229,950	£220,185	4% above HPI

8 THE 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 8 THE AVENUE sales from April 2006 and November 2018 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 2006 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2018 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 8 THE AVENUE?

8 THE AVENUE is 179m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 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 8 THE AVENUE lies on this distribution: 94% of detached houses are smaller than 8 THE AVENUE, and 6% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

8 THE AVENUE: Plot and Title Map

8 THE AVENUE sits on a plot of roughly 0.226 of an acre, or 914m². The below map shows the location of 8 THE 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 8 THE 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 8 THE AVENUE?

8 THE AVENUE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 8 on THE AVENUE.