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
1 BRUCE STREET is a small extended detached house of 74m², built sometime between 1900 and 1929. It was last sold for £195,000 in February 2023, which was around 56% below the average February 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows five sales for 1 BRUCE STREET since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the five 1 BRUCE STREET 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 |
---|---|---|---|
2023 8 FEB | £195,000 | £438,978 | 56% below HPI |
2020 3 JUL | £172,000 | £357,411 | 52% below HPI |
2014 18 DEC | £125,000 | £283,901 | 56% below HPI |
2014 26 MAR | £75,000 | £259,107 | 71% below HPI |
1995 4 AUG | £28,000 | £74,537 | 62% below HPI |
The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The five 1 BRUCE STREET sales between August 1995 and February 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 July 2020 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the February 2023 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.
1 BRUCE STREET is 74m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 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 1 BRUCE STREET lies on this distribution: 22% of detached houses are smaller than 1 BRUCE STREET, and 77% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.
1 BRUCE STREET sits on a plot of roughly 0.033 of an acre, or 135m². The below map shows the location of 1 BRUCE STREET, 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 1 BRUCE STREET). 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.
1 BRUCE STREET is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 1 on BRUCE STREET.