21, PROSPECT ROAD, LOWESTOFT, NR32 3PT - £360,000

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

21 PROSPECT ROAD is a very large extended detached house of 147m², built sometime between 1967 and 1975. It was last sold for £360,000 in February 2012, which was around 40% above the average February 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

21 PROSPECT ROAD Sold Prices

Land registry data shows two sales for 21 PROSPECT 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. One of the two 21 PROSPECT ROAD sales was for above the average price, whilst the other was roughly equal to 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 FEB	£360,000	£257,962	40% above HPI
2007 16 NOV	£269,995	£270,679	Close to HPI

21 PROSPECT 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 21 PROSPECT ROAD sales from November 2007 and February 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 November 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2012 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 21 PROSPECT ROAD?

21 PROSPECT ROAD is 147m², which includes one extension, according to the EPC inspection conducted in June 2016. 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 21 PROSPECT ROAD lies on this distribution: 86% of detached houses are smaller than 21 PROSPECT ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

21 PROSPECT ROAD: Plot and Title Map

21 PROSPECT ROAD sits on a plot of roughly 0.447 of an acre, or 1,807m². The below map shows the location of 21 PROSPECT 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 21 PROSPECT 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 21 PROSPECT ROAD?

21 PROSPECT ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 21 on PROSPECT ROAD.