Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
81 WESTWOOD AVENUE is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £220,000 in September 2018, which was around 38% below the average September 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 81 WESTWOOD AVENUE 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 81 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 |
---|---|---|---|
2018 14 SEP | £220,000 | £357,710 | 38% below HPI |
2015 18 FEB | £184,000 | £284,841 | 35% below HPI |
2003 11 JUN | £132,000 | £185,377 | 29% below HPI |
1996 17 DEC | £43,000 | £77,874 | 45% 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 81 WESTWOOD AVENUE sales between December 1996 and September 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 February 2015 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2018 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.
81 WESTWOOD AVENUE is 64m² according to the EPC inspection conducted in November 2014. 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 81 WESTWOOD AVENUE lies on this distribution: 9% of detached houses are smaller than 81 WESTWOOD AVENUE, and 90% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.
81 WESTWOOD AVENUE sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 81 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 81 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.
81 WESTWOOD AVENUE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 81 on WESTWOOD AVENUE.