13, MEADOW ROAD, LOWESTOFT, NR32 3AZ - £320,000

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

13 MEADOW ROAD is a small extended detached house of 83m², built sometime between 1967 and 1975. It was last sold for £320,000 in August 2022, which was around 26% below the average August 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

13 MEADOW ROAD Sold Prices

Land registry data shows two sales for 13 MEADOW 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 13 MEADOW 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 19 AUG	£320,000	£432,997	26% below HPI
2016 19 FEB	£172,500	£304,504	43% below HPI

13 MEADOW 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 13 MEADOW ROAD sales from February 2016 and August 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 February 2016 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 13 MEADOW ROAD?

13 MEADOW ROAD is 83m², which includes two extensions, according to the EPC inspection conducted in November 2021. 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 13 MEADOW ROAD lies on this distribution: 35% of detached houses are smaller than 13 MEADOW ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

13 MEADOW ROAD: Plot and Title Map

13 MEADOW ROAD sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 13 MEADOW 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 13 MEADOW 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 13 MEADOW ROAD?

13 MEADOW ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 13 on MEADOW ROAD.