176, SPASHETT ROAD, LOWESTOFT, NR32 4DH - £157,500

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

176 SPASHETT ROAD is a small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £157,500 in October 2012, which was around 38% below the average October 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

176 SPASHETT ROAD Sold Prices

Land registry data shows two sales for 176 SPASHETT 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 176 SPASHETT 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
2012 22 OCT	£157,500	£253,690	38% below HPI
2001 30 MAR	£98,000	£125,631	22% below HPI

176 SPASHETT 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 176 SPASHETT ROAD sales from March 2001 and October 2012 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 2001 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2012 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 176 SPASHETT ROAD?

176 SPASHETT ROAD is 83m² according to the EPC inspection conducted in July 2012. 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 176 SPASHETT ROAD lies on this distribution: 35% of detached houses are smaller than 176 SPASHETT ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

176 SPASHETT ROAD: Plot and Title Map

176 SPASHETT ROAD sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 176 SPASHETT 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 176 SPASHETT 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 176 SPASHETT ROAD?

176 SPASHETT ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 176 on SPASHETT ROAD.