178, PAKEFIELD STREET, LOWESTOFT, NR33 0JT - £325,000

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

178 PAKEFIELD STREET is a midsized extended detached house of 89m², built sometime before 1900. It was last sold for £325,000 in May 2022, which was around 23% below the average May 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was C.

178 PAKEFIELD STREET Sold Prices

Land registry data shows three sales for 178 PAKEFIELD STREET 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 178 PAKEFIELD STREET 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 10 MAY	£325,000	£423,073	23% below HPI
2001 24 MAY	£92,995	£129,339	28% below HPI
1997 14 AUG	£68,000	£83,677	19% below HPI

178 PAKEFIELD STREET 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 178 PAKEFIELD STREET sales between August 1997 and May 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 May 2001 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 178 PAKEFIELD STREET?

178 PAKEFIELD STREET is 89m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 50% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 178 PAKEFIELD STREET lies on this distribution: 42% of detached houses are smaller than 178 PAKEFIELD STREET, and 58% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

178 PAKEFIELD STREET: Plot and Title Map

178 PAKEFIELD STREET sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 178 PAKEFIELD STREET, 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 178 PAKEFIELD STREET). 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 178 PAKEFIELD STREET?

178 PAKEFIELD STREET is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 178 on PAKEFIELD STREET.