1, WEST GROVE, LOWESTOFT, NR33 7DE - £264,000

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 WEST GROVE is a small extended detached house of 76m², built sometime between 1976 and 1982. It was last sold for £264,000 in April 2023, which was around 38% below the average April 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2020, where the current energy rating was D, and the potential energy rating was B.

1 WEST GROVE Sold Prices

Land registry data shows four sales for 1 WEST GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 1 WEST GROVE 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 24 APR	£264,000	£423,046	38% below HPI
2009 17 AUG	£143,000	£229,904	38% below HPI
2003 21 NOV	£141,950	£200,274	29% below HPI
2001 23 OCT	£84,000	£141,875	41% below HPI

1 WEST GROVE 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 four 1 WEST GROVE sales between October 2001 and April 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 August 2009 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the April 2023 sale, which was also at 38% below the HPI.

How Large is 1 WEST GROVE?

1 WEST GROVE is 76m², which includes one extension, according to the EPC inspection conducted in April 2020. 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 WEST GROVE lies on this distribution: 25% of detached houses are smaller than 1 WEST GROVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1 WEST GROVE: Plot and Title Map

1 WEST GROVE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 1 WEST GROVE, 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 WEST GROVE). 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 WEST GROVE?

1 WEST GROVE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 1 on WEST GROVE.