29, GRAND AVENUE, LOWESTOFT, NR33 7AS - £280,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

29 GRAND AVENUE is a large extended detached house of 120m², built sometime between 1900 and 1929, which could now be worth an estimated £478,084. It was last sold for £280,000 in February 2011, which was around 13% above the average February 2011 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was D.

29 GRAND AVENUE Sold Prices

Land registry data shows three sales for 29 GRAND AVENUE 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 29 GRAND AVENUE 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
2011 28 FEB	£280,000	£247,766	13% above HPI
2004 7 APR	£243,000	£207,974	17% above HPI
2000 13 MAR	£120,000	£103,555	16% above HPI

29 GRAND AVENUE 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 29 GRAND AVENUE sales between March 2000 and February 2011 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 April 2004 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the February 2011 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 29 GRAND AVENUE be worth now?

29 GRAND AVENUE might now be worth an estimated £478,084.

This is based on house price inflation of 70.7%, between February 2011 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 70.7% inflationary increase is applied to the most recent sale price for 29 GRAND AVENUE of £280,000 on 28th February 2011. For the value to have increased from £280,000 to £478,084 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of 29 GRAND AVENUE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The February 2011 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 29 GRAND AVENUE has not materially changed since February 2011.

How Large is 29 GRAND AVENUE?

29 GRAND AVENUE is 120m², which includes one extension, according to the EPC inspection conducted in December 2010. This puts it in the largest 30% of detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowestoft, and where 29 GRAND AVENUE lies on this distribution: 72% of detached houses houses are smaller than 29 GRAND AVENUE, and 28% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

29 GRAND AVENUE: Plot and Title Map

29 GRAND AVENUE sits on a plot of roughly 0.166 of an acre, or 671m². The below map shows the location of 29 GRAND AVENUE, 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 29 GRAND AVENUE). 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 29 GRAND AVENUE?

29 GRAND AVENUE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 29 on GRAND AVENUE.