RIVENDELL, COLVILLE ROAD, LOWESTOFT, NR33 9QT - £250,000

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

RIVENDELL is a midsized detached house of 94m², built sometime between 1991 and 1995. It was last sold for £250,000 in November 2014, which was around 13% below the average November 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

RIVENDELL Sold Prices

Land registry data shows four sales for RIVENDELL 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. two of the four RIVENDELL sales were for below the average price, and four 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
2014 14 NOV	£250,000	£286,739	13% below HPI
2005 29 JUL	£249,950	£223,310	12% above HPI
2001 8 FEB	£103,000	£124,605	17% below HPI
1995 24 JUN	£85,000	£75,260	13% above HPI

RIVENDELL 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 RIVENDELL sales between June 1995 and November 2014 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 2005 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the November 2014 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is RIVENDELL?

RIVENDELL is 94m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 50% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where RIVENDELL lies on this distribution: 48% of detached houses are smaller than RIVENDELL, and 52% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

RIVENDELL: Plot and Title Map

RIVENDELL sits on a plot of roughly 0.180 of an acre, or 728m². The below map shows the location of RIVENDELL, 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 RIVENDELL). 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 RIVENDELL?

RIVENDELL is located on COLVILLE ROAD in LOWESTOFT, in the NR33 postcode district. The below map shows the position of RIVENDELL on COLVILLE ROAD.