54, CHESTNUT AVENUE, LOWESTOFT, NR32 3JB - £280,000

54 CHESTNUT AVENUE is a large extended detached house of 116m², built sometime between 1900 and 1929. It was last sold for £280,000 in February 2021, which was around 26% below the average February 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.

54 CHESTNUT AVENUE Sold Prices

Land registry data shows three sales for 54 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. All of the three 54 CHESTNUT AVENUE 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
2021 26 FEB	£280,000	£379,586	26% below HPI
2007 30 JUL	£127,436	£250,789	49% below HPI
1999 26 MAR	£87,200	£90,454	4% below HPI

54 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 54 CHESTNUT AVENUE sales between March 1999 and February 2021 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 2007 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the February 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 54 CHESTNUT AVENUE?

54 CHESTNUT AVENUE is 116m², which includes three extensions, according to the EPC inspection conducted in December 2020. This puts it in the largest 30% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 54 CHESTNUT AVENUE lies on this distribution: 69% of detached houses are smaller than 54 CHESTNUT AVENUE, and 30% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

54 CHESTNUT AVENUE: Plot and Title Map

54 CHESTNUT AVENUE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 54 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 54 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 54 CHESTNUT AVENUE?

54 CHESTNUT AVENUE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 54 on CHESTNUT AVENUE.