12, MARSHAMS PIECE, LOWESTOFT, NR33 8UJ - £207,500

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 MARSHAMS PIECE is a small extended detached house of 81m², built sometime between 1991 and 1995. It was last sold for £207,500 in December 2019, which was around 42% below the average December 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

12 MARSHAMS PIECE Sold Prices

Land registry data shows three sales for 12 MARSHAMS PIECE 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 MARSHAMS PIECE 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
2019 13 DEC	£207,500	£355,140	42% below HPI
2009 30 SEP	£134,950	£233,791	42% below HPI
1997 4 AUG	£63,500	£83,677	24% below HPI

12 MARSHAMS PIECE 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 MARSHAMS PIECE sales between August 1997 and December 2019 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 September 2009 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2019 sale, which was also at 42% below the HPI.

How Large is 12 MARSHAMS PIECE?

12 MARSHAMS PIECE is 81m², which includes one extension, according to the EPC inspection conducted in August 2019. 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 12 MARSHAMS PIECE lies on this distribution: 32% of detached houses are smaller than 12 MARSHAMS PIECE, and 67% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

12 MARSHAMS PIECE: Plot and Title Map

12 MARSHAMS PIECE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 12 MARSHAMS PIECE, 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 MARSHAMS PIECE). 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 MARSHAMS PIECE?

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