159, GORLESTON ROAD, LOWESTOFT, NR32 3AE - £175,000

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

159 GORLESTON ROAD is a small detached house of 83m², built sometime between 1930 and 1949. It was last sold for £175,000 in January 2015, which was around 38% below the average January 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

159 GORLESTON ROAD Sold Prices

Land registry data shows two sales for 159 GORLESTON 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 159 GORLESTON 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
2015 6 JAN	£175,000	£282,606	38% below HPI
2011 25 FEB	£139,500	£247,727	44% below HPI

159 GORLESTON 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 159 GORLESTON ROAD sales from February 2011 and January 2015 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 2011 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the January 2015 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 159 GORLESTON ROAD?

159 GORLESTON ROAD is 83m² according to the EPC inspection conducted in February 2015. 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 159 GORLESTON ROAD lies on this distribution: 35% of detached houses are smaller than 159 GORLESTON ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

159 GORLESTON ROAD: Plot and Title Map

159 GORLESTON ROAD sits on a plot of roughly 0.219 of an acre, or 887m². The below map shows the location of 159 GORLESTON 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 159 GORLESTON 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 159 GORLESTON ROAD?

159 GORLESTON ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 159 on GORLESTON ROAD.