23, BROAD ROAD, LOWESTOFT, NR32 3PA - £225,000

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

23 BROAD ROAD is a small extended detached house of 82m², built sometime between 1967 and 1975. It was last sold for £225,000 in December 2017, which was around 34% below the average December 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

23 BROAD ROAD Sold Prices

Land registry data shows three sales for 23 BROAD ROAD 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. All of the three 23 BROAD 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
2017 21 DEC	£225,000	£342,166	34% below HPI
2002 26 FEB	£31,385	£141,715	78% below HPI
1995 13 JUN	£60,000	£75,260	20% below HPI

23 BROAD 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 three 23 BROAD ROAD sales between June 1995 and December 2017 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 February 2002 sale was for 78% below the HPI. So the extrapolation line tracks at 78% below the HPI over time, until the December 2017 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 23 BROAD ROAD?

23 BROAD ROAD is 82m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 40% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 23 BROAD ROAD lies on this distribution: 33% of detached houses are smaller than 23 BROAD ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

23 BROAD ROAD: Plot and Title Map

23 BROAD ROAD sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 23 BROAD 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 23 BROAD 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 23 BROAD ROAD?

23 BROAD ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 23 on BROAD ROAD.