98, CORTON ROAD, LOWESTOFT, NR32 4PS - £550,000

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

98 CORTON ROAD is a very large extended detached house of 169m², built sometime between 1967 and 1975. It was last sold for £550,000 in December 2022, which was around 25% above the average December 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

98 CORTON ROAD Sold Prices

Land registry data shows four sales for 98 CORTON ROAD since 1^st 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. two of the four 98 CORTON ROAD sales were for above the average price, and four 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
2022 9 DEC	£550,000	£441,323	25% above HPI
2018 7 DEC	£385,000	£358,627	7% above HPI
2010 15 NOV	£243,000	£255,462	5% below HPI
2006 31 MAR	£202,000	£222,557	9% below HPI

98 CORTON 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 four 98 CORTON ROAD sales between March 2006 and December 2022 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 2018 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2022 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 98 CORTON ROAD?

98 CORTON ROAD is 169m², which includes one extension, according to the EPC inspection conducted in September 2017. 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 98 CORTON ROAD lies on this distribution: 93% of detached houses are smaller than 98 CORTON ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

98 CORTON ROAD: Plot and Title Map

98 CORTON ROAD sits on a plot of roughly 0.195 of an acre, or 788m². The below map shows the location of 98 CORTON 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 98 CORTON 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 98 CORTON ROAD?

98 CORTON ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 98 on CORTON ROAD.