1, THE TROSSACHS, OULTON, LOWESTOFT, NR32 3HP - £195,000

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 THE TROSSACHS is a midsized detached house of 91m², built sometime between 1967 and 1975. It was last sold for £195,000 in August 2016, which was around 39% below the average August 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was B.

1 THE TROSSACHS Sold Prices

Land registry data shows two sales for 1 THE TROSSACHS 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 THE TROSSACHS 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 10 AUG	£195,000	£320,108	39% below HPI
1999 8 OCT	£84,000	£100,918	17% below HPI

1 THE TROSSACHS 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 THE TROSSACHS sales from October 1999 and August 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 October 1999 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2016 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 1 THE TROSSACHS?

1 THE TROSSACHS is 91m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 50% 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 THE TROSSACHS lies on this distribution: 43% of detached houses are smaller than 1 THE TROSSACHS, and 55% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1 THE TROSSACHS: Plot and Title Map

1 THE TROSSACHS sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 1 THE TROSSACHS, 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 THE TROSSACHS). 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 THE TROSSACHS?

1 THE TROSSACHS is located in OULTON, in the NR32 postcode district. The below map shows the position of No. 1 on THE TROSSACHS.