2, BELMONT GARDENS, LOWESTOFT, NR32 4EJ - £154,000

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

2 BELMONT GARDENS is a very small detached house of 60m², built sometime between 1967 and 1975. It was last sold for £154,000 in March 2011, which was around 38% below the average March 2011 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

2 BELMONT GARDENS Sold Prices

Land registry data shows two sales for 2 BELMONT GARDENS 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 2 BELMONT GARDENS 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
2011 31 MAR	£154,000	£246,949	38% below HPI
2008 16 MAY	£139,000	£256,376	46% below HPI

2 BELMONT GARDENS 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 2 BELMONT GARDENS sales from May 2008 and March 2011 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 2008 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the March 2011 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 2 BELMONT GARDENS?

2 BELMONT GARDENS is 60m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 2 BELMONT GARDENS lies on this distribution: 7% of detached houses are smaller than 2 BELMONT GARDENS, and 93% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 BELMONT GARDENS: Plot and Title Map

2 BELMONT GARDENS sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 2 BELMONT GARDENS, 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 2 BELMONT GARDENS). 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 2 BELMONT GARDENS?

2 BELMONT GARDENS is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 2 on BELMONT GARDENS.