MULLION HOUSE, BEACH ROAD, KESSINGLAND, LOWESTOFT, NR33 7RW - £450,000

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

MULLION HOUSE is a very large extended detached house of 154m², built sometime between 1976 and 1982. It was last sold for £450,000 in December 2023, which was around 7% above the average December 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

MULLION HOUSE Sold Prices

Land registry data shows two sales for MULLION HOUSE 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 MULLION 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
2023 14 DEC	£450,000	£422,286	7% above HPI
1996 17 MAY	£92,000	£74,229	24% above HPI

MULLION 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 two MULLION HOUSE sales from May 1996 and December 2023 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 May 1996 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the December 2023 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is MULLION HOUSE?

MULLION HOUSE is 154m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 20% of detached houses in Kessingland, based on EPC data. The below chart shows the distribution of detached houses by size in Kessingland, and where MULLION HOUSE lies on this distribution: 82% of detached houses are smaller than MULLION HOUSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Kessingland.

MULLION HOUSE: Plot and Title Map

MULLION HOUSE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of MULLION 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 MULLION 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 MULLION HOUSE?

MULLION HOUSE is located on BEACH ROAD in KESSINGLAND, in the NR33 postcode district. The below map shows the position of MULLION HOUSE on BEACH ROAD.