1A, LAUREL ROAD, LOWESTOFT, NR33 0NF - £155,000

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

1A LAUREL ROAD is a small detached house of 75m², built sometime between 1991 and 1995. It was last sold for £155,000 in November 2014, which was around 46% below the average November 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

1A LAUREL ROAD Sold Prices

Land registry data shows two sales for 1A LAUREL 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 1A LAUREL 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
2014 27 NOV	£155,000	£286,739	46% below HPI
1997 19 MAY	£54,000	£79,476	32% below HPI

1A LAUREL 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 1A LAUREL ROAD sales from May 1997 and November 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 May 1997 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2014 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 1A LAUREL ROAD?

1A LAUREL ROAD is 75m² according to the EPC inspection conducted in May 2012. 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 1A LAUREL ROAD lies on this distribution: 23% of detached houses are smaller than 1A LAUREL ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1A LAUREL ROAD: Plot and Title Map

1A LAUREL ROAD sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 1A LAUREL 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 1A LAUREL 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 1A LAUREL ROAD?

1A LAUREL ROAD is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 1A on LAUREL ROAD.