14, BORROW ROAD, LOWESTOFT, NR32 3PN - £500,000

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

14 BORROW ROAD is a very large extended detached house of 172m², built sometime between 1976 and 1982. It was last sold for £500,000 in August 2023, which was around 17% above the average August 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

14 BORROW ROAD Sold Prices

Land registry data shows two sales for 14 BORROW 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. One of the two 14 BORROW ROAD sales was for above the average price, whilst the other was 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 11 AUG	£500,000	£426,969	17% above HPI
2021 5 MAR	£310,000	£371,419	17% below HPI

14 BORROW 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 14 BORROW ROAD sales from March 2021 and August 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 March 2021 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2023 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 14 BORROW ROAD?

14 BORROW ROAD is 172m², which includes one extension, according to the EPC inspection conducted in June 2023. 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 14 BORROW ROAD lies on this distribution: 93% of detached houses are smaller than 14 BORROW ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

14 BORROW ROAD: Plot and Title Map

14 BORROW ROAD sits on a plot of roughly 0.187 of an acre, or 755m². The below map shows the location of 14 BORROW 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 14 BORROW 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 14 BORROW ROAD?

14 BORROW ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 14 on BORROW ROAD.