12, MARSH ROAD, LOWESTOFT, NR33 9JY - £155,000

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 MARSH ROAD is a very small extended detached house of 53m², built sometime before 1900. It was last sold for £155,000 in January 2008, which was around 41% below the average January 2008 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was E, and the potential energy rating was B.

12 MARSH ROAD Sold Prices

Land registry data shows two sales for 12 MARSH 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 12 MARSH 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
2008 25 JAN	£155,000	£261,979	41% below HPI
1998 3 JUL	£41,000	£89,503	54% below HPI

12 MARSH 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 12 MARSH ROAD sales from July 1998 and January 2008 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 July 1998 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the January 2008 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 12 MARSH ROAD?

12 MARSH ROAD is 53m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 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 MARSH ROAD lies on this distribution: 1% of detached houses are smaller than 12 MARSH ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

12 MARSH ROAD: Plot and Title Map

12 MARSH ROAD sits on a plot of roughly 0.018 of an acre, or 71m². The below map shows the location of 12 MARSH 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 12 MARSH 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 12 MARSH ROAD?

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