108, PARK ROAD, LOWESTOFT, NR32 4HU - £305,000

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

108 PARK ROAD is a large detached house of 122m², built sometime between 1930 and 1949. It was last sold for £305,000 in May 2022, which was around 28% below the average May 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

108 PARK ROAD Sold Prices

Land registry data shows two sales for 108 PARK ROAD 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 108 PARK 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
2022 25 MAY	£305,000	£423,073	28% below HPI
2019 1 AUG	£230,000	£350,133	34% below HPI

108 PARK 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 two 108 PARK ROAD sales from August 2019 and May 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 August 2019 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 108 PARK ROAD?

108 PARK ROAD is 122m² according to the EPC inspection conducted in March 2019. This puts it in the largest 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 108 PARK ROAD lies on this distribution: 73% of detached houses are smaller than 108 PARK ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

108 PARK ROAD: Plot and Title Map

108 PARK ROAD sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of 108 PARK 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 108 PARK 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 108 PARK ROAD?

108 PARK ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 108 on PARK ROAD.