17, SAFFRON SQUARE, LOWESTOFT, NR33 7DZ - £160,000

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

17 SAFFRON SQUARE is a small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £160,000 in August 2014, which was around 42% below the average August 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

17 SAFFRON SQUARE Sold Prices

Land registry data shows three sales for 17 SAFFRON SQUARE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 17 SAFFRON SQUARE 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
2014 19 AUG	£160,000	£276,803	42% below HPI
2007 15 JUN	£168,000	£245,338	32% below HPI
2005 26 AUG	£119,995	£225,749	47% below HPI

17 SAFFRON SQUARE 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 three 17 SAFFRON SQUARE sales between August 2005 and August 2014 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 June 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2014 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 17 SAFFRON SQUARE?

17 SAFFRON SQUARE is 78m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 17 SAFFRON SQUARE lies on this distribution: 28% of detached houses are smaller than 17 SAFFRON SQUARE, and 71% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

17 SAFFRON SQUARE: Plot and Title Map

17 SAFFRON SQUARE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 17 SAFFRON SQUARE, 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 17 SAFFRON SQUARE). 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 17 SAFFRON SQUARE?

17 SAFFRON SQUARE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 17 on SAFFRON SQUARE.