23, SAFFRON SQUARE, LOWESTOFT, NR33 7DZ - £134,000

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 SAFFRON SQUARE is a very small detached house of 61m², built sometime between 1967 and 1975. It was last sold for £134,000 in July 2010, which was around 47% below the average July 2010 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was E.

23 SAFFRON SQUARE Sold Prices

Land registry data shows two sales for 23 SAFFRON SQUARE 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 23 SAFFRON SQUARE 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
2010 23 JUL	£134,000	£254,374	47% below HPI
2009 30 JUN	£106,000	£222,734	52% below HPI

23 SAFFRON SQUARE 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 23 SAFFRON SQUARE sales from June 2009 and July 2010 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 June 2009 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the July 2010 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 23 SAFFRON SQUARE?

23 SAFFRON SQUARE is 61m² according to the EPC inspection conducted in March 2009. 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 23 SAFFRON SQUARE lies on this distribution: 7% of detached houses are smaller than 23 SAFFRON SQUARE, and 93% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

23 SAFFRON SQUARE: Plot and Title Map

23 SAFFRON SQUARE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 23 SAFFRON SQUARE, 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 SAFFRON SQUARE). 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 SAFFRON SQUARE?

23 SAFFRON SQUARE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 23 on SAFFRON SQUARE.