41, CHESTNUT AVENUE, LOWESTOFT, NR32 3JA - £625,000

41 CHESTNUT AVENUE is a very large extended detached house of 276m², built sometime between 1930 and 1949. It was last sold for £625,000 in April 2023, which was around 42% above the average April 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

41 CHESTNUT AVENUE Sold Prices

Land registry data shows three sales for 41 CHESTNUT 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. One of the three 41 CHESTNUT AVENUE sales was for above the average price, whilst two 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
2023 21 APR	£625,000	£439,551	42% above HPI
2015 28 AUG	£280,000	£298,569	6% below HPI
2005 22 AUG	£158,000	£225,749	30% below HPI

41 CHESTNUT 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 41 CHESTNUT AVENUE sales between August 2005 and April 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 August 2015 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the April 2023 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 41 CHESTNUT AVENUE?

41 CHESTNUT AVENUE is 276m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 10% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 41 CHESTNUT AVENUE lies on this distribution: 99% of detached houses are smaller than 41 CHESTNUT AVENUE, and 1% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

41 CHESTNUT AVENUE: Plot and Title Map

41 CHESTNUT AVENUE sits on a plot of roughly 0.203 of an acre, or 821m². The below map shows the location of 41 CHESTNUT 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 41 CHESTNUT 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 41 CHESTNUT AVENUE?

41 CHESTNUT AVENUE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 41 on CHESTNUT AVENUE.