11, HILLCREST GARDENS, LOWESTOFT, NR32 4ED - £275,000

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

11 HILLCREST GARDENS is a small detached house of 88m², built sometime between 1967 and 1975. It was last sold for £275,000 in October 2023, which was around 37% below the average October 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

11 HILLCREST GARDENS Sold Prices

Land registry data shows three sales for 11 HILLCREST GARDENS 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 11 HILLCREST GARDENS 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 3 OCT	£275,000	£434,532	37% below HPI
2019 16 MAY	£220,000	£340,002	35% below HPI
2018 3 AUG	£180,000	£357,858	50% below HPI

11 HILLCREST GARDENS 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 11 HILLCREST GARDENS sales between August 2018 and October 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 May 2019 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2023 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 11 HILLCREST GARDENS?

11 HILLCREST GARDENS is 88m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 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 11 HILLCREST GARDENS lies on this distribution: 40% of detached houses are smaller than 11 HILLCREST GARDENS, and 59% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

11 HILLCREST GARDENS: Plot and Title Map

11 HILLCREST GARDENS sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 11 HILLCREST GARDENS, 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 11 HILLCREST GARDENS). 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 11 HILLCREST GARDENS?

11 HILLCREST GARDENS is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 11 on HILLCREST GARDENS.