14, MEADOW ROAD, LOWESTOFT, NR32 3AZ - £225,000

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 MEADOW ROAD is a very small detached house of 65m², built sometime between 1950 and 1966. It was last sold for £225,000 in November 2022, which was around 49% below the average November 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

14 MEADOW ROAD Sold Prices

Land registry data shows two sales for 14 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 14 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 22 NOV	£225,000	£442,367	49% below HPI
2018 2 FEB	£164,000	£344,603	52% below HPI

14 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 14 MEADOW ROAD sales from February 2018 and November 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 2018 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the November 2022 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 14 MEADOW ROAD?

14 MEADOW ROAD is 65m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% 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 MEADOW ROAD lies on this distribution: 11% of detached houses are smaller than 14 MEADOW ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

14 MEADOW ROAD: Plot and Title Map

14 MEADOW ROAD sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 14 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 14 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 14 MEADOW ROAD?

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