CHARTWELL, WAVENEY HILL, LOWESTOFT, NR32 3PR - £865,000

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

CHARTWELL is a very large extended detached house of 375m², built sometime between 1983 and 1990. It was last sold for £865,000 in September 2021, which was around 128% above the average September 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

CHARTWELL Sold Prices

Land registry data shows two sales for CHARTWELL 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 CHARTWELL 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 30 SEP	£865,000	£378,972	128% above HPI
2019 14 FEB	£585,000	£351,849	66% above HPI

CHARTWELL 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 CHARTWELL sales from February 2019 and September 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 February 2019 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the September 2021 sale, where it rises to 128% above the HPI. The line then continues to track at 128% above the HPI.

How Large is CHARTWELL?

CHARTWELL is 375m², which includes four extensions, according to the EPC inspection conducted in September 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 CHARTWELL lies on this distribution: More than 99% of detached houses are smaller than CHARTWELL, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

CHARTWELL: Plot and Title Map

CHARTWELL sits on a plot of roughly 0.549 of an acre, or 2,222m². The below map shows the location of CHARTWELL, 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 CHARTWELL). 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 CHARTWELL?

CHARTWELL is located on WAVENEY HILL in LOWESTOFT, in the NR32 postcode district. The below map shows the position of CHARTWELL on WAVENEY HILL.