2, BORROW ROAD, LOWESTOFT, NR32 3PN - £507,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 BORROW ROAD is a very large detached house of 201m², built sometime between 1983 and 1990, which could now be worth an estimated £506,251. It was last sold for £507,500 in February 2024, which was around 20% above the average February 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

2 BORROW ROAD Sold Prices

Land registry data shows two sales for 2 BORROW 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 2 BORROW ROAD sales were for above 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
2024 22 FEB	£507,500	£424,090	20% above HPI
2021 27 AUG	£470,000	£378,070	24% above HPI

2 BORROW 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 2 BORROW ROAD sales from August 2021 and February 2024 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 August 2021 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the February 2024 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 2 BORROW ROAD be worth now?

2 BORROW ROAD might now be worth an estimated £506,251.

This is based on house price deflation of 0.2%, between February 2024 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.2% deflationary decrease is applied to the most recent sale price for 2 BORROW ROAD of £507,500 on 22nd February 2024. For the value to have decreased from £507,500 to £506,251 over the one year to February 2025, the following assumptions must hold true:

• The value of 2 BORROW ROAD has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The February 2024 sale price of £507,500 represented a fair market value for the property.
• The size, condition, and specification of 2 BORROW ROAD has not materially changed since February 2024.

How Large is 2 BORROW ROAD?

2 BORROW ROAD is 201m² according to the EPC inspection conducted in February 2014. This puts it in the largest 10% of detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowestoft, and where 2 BORROW ROAD lies on this distribution: 97% of detached houses houses are smaller than 2 BORROW ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 BORROW ROAD: Plot and Title Map

2 BORROW ROAD sits on a plot of roughly 0.172 of an acre, or 696m². The below map shows the location of 2 BORROW 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 2 BORROW 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 2 BORROW ROAD?

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