2, WILLOW ROAD, LOWESTOFT, NR33 7BJ - £154,500

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 WILLOW ROAD is a very small detached house of 60m², built sometime between 1976 and 1982. It was last sold for £154,500 in August 2011, which was around 39% below the average August 2011 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

2 WILLOW ROAD Sold Prices

Land registry data shows two sales for 2 WILLOW 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 WILLOW ROAD 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
2011 22 AUG	£154,500	£251,903	39% below HPI
2009 20 NOV	£131,000	£239,205	45% below HPI

2 WILLOW 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 WILLOW ROAD sales from November 2009 and August 2011 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 November 2009 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the August 2011 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 2 WILLOW ROAD?

2 WILLOW ROAD is 60m² according to the EPC inspection conducted in February 2011. 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 WILLOW ROAD lies on this distribution: 6% of detached houses are smaller than 2 WILLOW ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 WILLOW ROAD: Plot and Title Map

2 WILLOW ROAD sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 2 WILLOW 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 WILLOW 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 WILLOW ROAD?

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