12, ELM TREE ROAD WEST, LOWESTOFT, NR33 9EP - £625,000

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

12 ELM TREE ROAD WEST is a very large extended detached house of 207m², built sometime between 1976 and 1982. It was last sold for £625,000 in February 2023, which was around 42% above the average February 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

12 ELM TREE ROAD WEST Sold Prices

Land registry data shows three sales for 12 ELM TREE ROAD WEST 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 12 ELM TREE ROAD WEST sales were for above 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 7 FEB	£625,000	£438,978	42% above HPI
2016 19 AUG	£373,000	£320,108	17% above HPI
1997 27 NOV	£145,000	£84,082	72% above HPI

12 ELM TREE ROAD WEST 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 12 ELM TREE ROAD WEST sales between November 1997 and February 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 2016 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the February 2023 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 12 ELM TREE ROAD WEST?

12 ELM TREE ROAD WEST is 207m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 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 12 ELM TREE ROAD WEST lies on this distribution: 97% of detached houses are smaller than 12 ELM TREE ROAD WEST, and 3% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

12 ELM TREE ROAD WEST: Plot and Title Map

12 ELM TREE ROAD WEST sits on a plot of roughly 0.219 of an acre, or 888m². The below map shows the location of 12 ELM TREE ROAD WEST, 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 12 ELM TREE ROAD WEST). 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 12 ELM TREE ROAD WEST?

12 ELM TREE ROAD WEST is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 12 on ELM TREE ROAD WEST.