48, STATION ROAD, CORTON, LOWESTOFT, NR32 5HQ - £245,000

48 STATION ROAD is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £245,000 in September 2017, which was around 29% below the average September 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was B.

48 STATION ROAD Sold Prices

Land registry data shows two sales for 48 STATION ROAD 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 48 STATION ROAD sales 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
2017 11 SEP	£245,000	£345,448	29% below HPI
2015 24 FEB	£170,000	£284,841	40% below HPI

48 STATION ROAD 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 48 STATION ROAD sales from February 2015 and September 2017 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 February 2015 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2017 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 48 STATION ROAD?

48 STATION ROAD is 71m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of detached houses in Corton, based on EPC data. The below chart shows the distribution of detached houses by size in Corton, and where 48 STATION ROAD lies on this distribution: 18% of detached houses are smaller than 48 STATION ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Corton.

48 STATION ROAD: Plot and Title Map

48 STATION ROAD sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 48 STATION ROAD, 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 48 STATION ROAD). 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 48 STATION ROAD?

48 STATION ROAD is located in CORTON, in the NR32 postcode district. The below map shows the position of No. 48 on STATION ROAD.