2, THE EDDIES, LOWESTOFT, NR33 9EZ - £171,000

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 THE EDDIES is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £171,000 in February 2021, which was around 54% below the average February 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

2 THE EDDIES Sold Prices

Land registry data shows four sales for 2 THE EDDIES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 2 THE EDDIES 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
2021 18 FEB	£171,000	£373,390	54% below HPI
2006 17 MAY	£129,000	£221,098	42% below HPI
2001 16 NOV	£75,000	£144,437	48% below HPI
1997 2 DEC	£52,500	£84,679	38% below HPI

2 THE EDDIES 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 four 2 THE EDDIES sales between December 1997 and February 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 May 2006 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2021 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 2 THE EDDIES?

2 THE EDDIES is 66m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 20% 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 THE EDDIES lies on this distribution: 12% of detached houses are smaller than 2 THE EDDIES, and 87% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 THE EDDIES: Plot and Title Map

2 THE EDDIES sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 2 THE EDDIES, 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 THE EDDIES). 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 THE EDDIES?

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