185, OULTON ROAD, LOWESTOFT, NR32 4QT - £223,000

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

185 OULTON ROAD is a small extended detached house of 79m², built sometime between 1950 and 1966. It was last sold for £223,000 in May 2023, which was around 46% below the average May 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

185 OULTON ROAD Sold Prices

Land registry data shows four sales for 185 OULTON ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 185 OULTON 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
2023 9 MAY	£223,000	£415,931	46% below HPI
2017 5 JUN	£166,000	£332,325	50% below HPI
1999 26 NOV	£65,000	£100,119	35% below HPI
1996 20 NOV	£39,000	£77,080	49% below HPI

185 OULTON 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 four 185 OULTON ROAD sales between November 1996 and May 2023 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 2017 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the May 2023 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 185 OULTON ROAD?

185 OULTON ROAD is 79m², which includes one extension, according to the EPC inspection conducted in September 2016. 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 185 OULTON ROAD lies on this distribution: 29% of detached houses are smaller than 185 OULTON ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

185 OULTON ROAD: Plot and Title Map

185 OULTON ROAD sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 185 OULTON 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 185 OULTON 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 185 OULTON ROAD?

185 OULTON ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 185 on OULTON ROAD.