ELM CORNER, STANTON CLOSE, LOWESTOFT, NR32 4JZ - £235,000

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

ELM CORNER is a very large extended detached house of 153m², built sometime between 1950 and 1966. It was last sold for £235,000 in June 2013, which was around 7% below the average June 2013 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

ELM CORNER Sold Prices

Land registry data shows four sales for ELM CORNER 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. Most of the four ELM CORNER 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
2013 28 JUN	£235,000	£252,550	7% below HPI
2004 12 NOV	£226,950	£220,375	3% above HPI
2003 2 SEP	£189,995	£194,583	2% below HPI
2002 23 MAY	£86,000	£153,113	44% below HPI

ELM CORNER 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 ELM CORNER sales between May 2002 and June 2013 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 November 2004 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2013 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is ELM CORNER?

ELM CORNER is 153m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 20% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where ELM CORNER lies on this distribution: 89% of detached houses are smaller than ELM CORNER, and 11% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

ELM CORNER: Plot and Title Map

ELM CORNER sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of ELM CORNER, 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 ELM CORNER). 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 ELM CORNER?

ELM CORNER is located on STANTON CLOSE in LOWESTOFT, in the NR32 postcode district. The below map shows the position of ELM CORNER on STANTON CLOSE.