2, ELM COPPICE, LOWESTOFT, NR33 9EW - £242,500

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

2 ELM COPPICE is a very small detached house of 63m², built sometime between 1976 and 1982. It was last sold for £242,500 in November 2023, which was around 43% below the average November 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

2 ELM COPPICE Sold Prices

Land registry data shows two sales for 2 ELM COPPICE 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 ELM COPPICE 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 17 NOV	£242,500	£426,354	43% below HPI
2007 25 JUL	£153,000	£250,789	39% below HPI

2 ELM COPPICE 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 ELM COPPICE sales from July 2007 and November 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 July 2007 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2023 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 2 ELM COPPICE?

2 ELM COPPICE is 63m² according to the EPC inspection conducted in August 2023. 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 ELM COPPICE lies on this distribution: 9% of detached houses are smaller than 2 ELM COPPICE, and 91% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 ELM COPPICE: Plot and Title Map

2 ELM COPPICE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 2 ELM COPPICE, 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 ELM COPPICE). 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 ELM COPPICE?

2 ELM COPPICE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 2 on ELM COPPICE.