1, MONET SQUARE, LOWESTOFT, NR32 4LZ - £355,000

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 MONET SQUARE is a large detached house of 116m², built sometime between 1976 and 1982. It was last sold for £355,000 in October 2022, which was around 19% below the average October 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was B.

1 MONET SQUARE Sold Prices

Land registry data shows two sales for 1 MONET SQUARE 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 1 MONET SQUARE 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
2022 11 OCT	£355,000	£439,903	19% below HPI
2008 24 JUL	£189,995	£256,145	26% below HPI

1 MONET SQUARE 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 1 MONET SQUARE sales from July 2008 and October 2022 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 2008 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 1 MONET SQUARE?

1 MONET SQUARE is 116m² according to the EPC inspection conducted in March 2022. This puts it in the largest 40% 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 MONET SQUARE lies on this distribution: 69% of detached houses are smaller than 1 MONET SQUARE, and 30% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1 MONET SQUARE: Plot and Title Map

1 MONET SQUARE sits on a plot of roughly 0.162 of an acre, or 655m². The below map shows the location of 1 MONET SQUARE, 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 MONET SQUARE). 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 1 MONET SQUARE?

1 MONET SQUARE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 1 on MONET SQUARE.