LAKE HOUSE, NORTH ROAD, SOUTHWOLD, IP18 6BH - £410,000

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

LAKE HOUSE is a very large detached house of 169m², built sometime between 1976 and 1982. It was last sold for £410,000 in January 2006, which was around 84% above the average January 2006 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

LAKE HOUSE Sold Prices

Land registry data shows three sales for LAKE HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three LAKE HOUSE 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
2006 12 JAN	£410,000	£222,363	84% above HPI
2002 20 MAR	£250,000	£144,123	73% above HPI
1999 30 JUL	£195,000	£96,527	102% above HPI

LAKE HOUSE 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 three LAKE HOUSE sales between July 1999 and January 2006 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 March 2002 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the January 2006 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is LAKE HOUSE?

LAKE HOUSE is 169m² according to the EPC inspection conducted in March 2023. This puts it in the largest 20% of detached houses in Southwold, based on EPC data. The below chart shows the distribution of detached houses by size in Southwold, and where LAKE HOUSE lies on this distribution: 82% of detached houses are smaller than LAKE HOUSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Southwold.

LAKE HOUSE: Plot and Title Map

LAKE HOUSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of LAKE HOUSE, 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 LAKE HOUSE). 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 LAKE HOUSE?

LAKE HOUSE is located on NORTH ROAD in SOUTHWOLD, in the IP18 postcode district. The below map shows the position of LAKE HOUSE on NORTH ROAD.