24, GRANGE ROAD, LOWESTOFT, NR32 3JE - £305,000

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

24 GRANGE ROAD is a small extended detached house of 84m², built sometime between 1983 and 1990. It was last sold for £305,000 in April 2023, which was around 28% below the average April 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

24 GRANGE ROAD Sold Prices

Land registry data shows six sales for 24 GRANGE ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the six 24 GRANGE 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
2023 21 APR	£305,000	£423,046	28% below HPI
2019 9 AUG	£242,500	£350,133	31% below HPI
2016 21 DEC	£185,000	£327,148	43% below HPI
2013 2 APR	£165,000	£248,438	34% below HPI
2007 19 JUN	£163,500	£245,338	33% below HPI
2005 28 JAN	£151,500	£222,555	32% below HPI

24 GRANGE 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 six 24 GRANGE ROAD sales between January 2005 and April 2023 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 August 2019 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2023 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 24 GRANGE ROAD?

24 GRANGE ROAD is 84m², which includes one extension, according to the EPC inspection conducted in April 2018. 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 24 GRANGE ROAD lies on this distribution: 36% of detached houses are smaller than 24 GRANGE ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

24 GRANGE ROAD: Plot and Title Map

24 GRANGE ROAD sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 24 GRANGE 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 24 GRANGE 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 24 GRANGE ROAD?

24 GRANGE ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 24 on GRANGE ROAD.