2, THE PASTURES, LOWESTOFT, NR32 4WT - £263,000

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 PASTURES is a very large detached house of 149m², built sometime between 1996 and 2002. It was last sold for £263,000 in May 2012, which was around 5% above the average May 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

2 THE PASTURES Sold Prices

Land registry data shows two sales for 2 THE PASTURES 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 THE PASTURES 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
2012 8 MAY	£263,000	£250,962	5% above HPI
2001 26 JAN	£157,500	£124,330	27% above HPI

2 THE PASTURES 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 THE PASTURES sales from January 2001 and May 2012 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 January 2001 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the May 2012 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 2 THE PASTURES?

2 THE PASTURES is 149m² according to the EPC inspection conducted in November 2011. This puts it in the largest 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 PASTURES lies on this distribution: 87% of detached houses are smaller than 2 THE PASTURES, and 13% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 THE PASTURES: Plot and Title Map

2 THE PASTURES sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 2 THE PASTURES, 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 PASTURES). 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 PASTURES?

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