CANNONBRIDGE, GRAND AVENUE, LOWESTOFT, NR33 7AR - £283,000

CANNONBRIDGE is a large extended detached house of 110m², built sometime between 1976 and 1982. It was last sold for £283,000 in May 2017, which was around 15% below the average May 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

CANNONBRIDGE Sold Prices

Land registry data shows two sales for CANNONBRIDGE 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 CANNONBRIDGE 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
2017 23 MAY	£283,000	£331,801	15% below HPI
2010 22 JUL	£172,500	£254,374	32% below HPI

CANNONBRIDGE 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 CANNONBRIDGE sales from July 2010 and May 2017 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 July 2010 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is CANNONBRIDGE?

CANNONBRIDGE is 110m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 40% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where CANNONBRIDGE lies on this distribution: 64% of detached houses are smaller than CANNONBRIDGE, and 36% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

CANNONBRIDGE: Plot and Title Map

CANNONBRIDGE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of CANNONBRIDGE, 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 CANNONBRIDGE). 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 CANNONBRIDGE?

CANNONBRIDGE is located on GRAND AVENUE in LOWESTOFT, in the NR33 postcode district. The below map shows the position of CANNONBRIDGE on GRAND AVENUE.