2, PADDOCK HILL, LOWESTOFT, NR33 9PB - £400,000

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 PADDOCK HILL is a midsized detached house of 105m², built sometime between 1996 and 2002. It was last sold for £400,000 in December 2021, which was around 1% below the average December 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

2 PADDOCK HILL Sold Prices

Land registry data shows three sales for 2 PADDOCK HILL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Two of the three 2 PADDOCK HILL sales were for below the average price, whilst one was 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
2021 3 DEC	£400,000	£404,862	1% below HPI
2013 12 MAR	£220,000	£252,749	13% below HPI
1998 28 AUG	£99,028	£88,631	12% above HPI

2 PADDOCK HILL 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 three 2 PADDOCK HILL sales between August 1998 and December 2021 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 March 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2021 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 2 PADDOCK HILL?

2 PADDOCK HILL is 105m² according to the EPC inspection conducted in September 2021. This puts it in the largest 50% 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 PADDOCK HILL lies on this distribution: 58% of detached houses are smaller than 2 PADDOCK HILL, and 41% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 PADDOCK HILL: Plot and Title Map

2 PADDOCK HILL sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 2 PADDOCK HILL, 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 PADDOCK HILL). 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 PADDOCK HILL?

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