15, BROAD ROAD, LOWESTOFT, NR32 3PA - £300,000

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

15 BROAD ROAD is a small detached house of 80m², built sometime between 1976 and 1982. It was last sold for £300,000 in December 2021, which was around 26% below the average December 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

15 BROAD ROAD Sold Prices

Land registry data shows two sales for 15 BROAD 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 15 BROAD 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
2021 17 DEC	£300,000	£404,862	26% below HPI
2017 16 MAR	£197,000	£328,526	40% below HPI

15 BROAD 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 15 BROAD ROAD sales from March 2017 and December 2021 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 2017 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 15 BROAD ROAD?

15 BROAD ROAD is 80m² according to the EPC inspection conducted in January 2018. 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 15 BROAD ROAD lies on this distribution: 30% of detached houses are smaller than 15 BROAD ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

15 BROAD ROAD: Plot and Title Map

15 BROAD ROAD sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 15 BROAD 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 15 BROAD 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 15 BROAD ROAD?

15 BROAD ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 15 on BROAD ROAD.