1, SOTTERLEY ROAD, LOWESTOFT, NR32 4SE - £150,000

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 SOTTERLEY ROAD is a very small detached house of 60m², built sometime between 1967 and 1975. It was last sold for £150,000 in March 2016, which was around 51% below the average March 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2013, where the current energy rating was E, and the potential energy rating was B.

1 SOTTERLEY ROAD Sold Prices

Land registry data shows three sales for 1 SOTTERLEY ROAD 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 1 SOTTERLEY 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
2016 4 MAR	£150,000	£308,457	51% below HPI
2014 20 MAR	£135,000	£259,107	48% below HPI
1996 26 JUN	£46,995	£73,908	36% below HPI

1 SOTTERLEY 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 three 1 SOTTERLEY ROAD sales between June 1996 and March 2016 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 March 2014 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the March 2016 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 1 SOTTERLEY ROAD?

1 SOTTERLEY ROAD is 60m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 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 1 SOTTERLEY ROAD lies on this distribution: 6% of detached houses are smaller than 1 SOTTERLEY ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1 SOTTERLEY ROAD: Plot and Title Map

1 SOTTERLEY ROAD sits on a plot of roughly 0.115 of an acre, or 463m². The below map shows the location of 1 SOTTERLEY 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 1 SOTTERLEY 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 1 SOTTERLEY ROAD?

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