24, HEATH ROAD, LOWESTOFT, NR33 9LY - £180,000

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 HEATH ROAD is a small extended detached house of 79m², built sometime between 1930 and 1949. It was last sold for £180,000 in August 2017, which was around 47% below the average August 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

24 HEATH ROAD Sold Prices

Land registry data shows three sales for 24 HEATH 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 24 HEATH 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 11 AUG	£180,000	£338,592	47% below HPI
2009 17 APR	£90,000	£223,979	60% below HPI
2005 3 OCT	£105,000	£227,208	54% below HPI

24 HEATH 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 24 HEATH ROAD sales between October 2005 and August 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 April 2009 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the August 2017 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 24 HEATH ROAD?

24 HEATH ROAD is 79m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 30% 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 HEATH ROAD lies on this distribution: 29% of detached houses are smaller than 24 HEATH ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

24 HEATH ROAD: Plot and Title Map

24 HEATH ROAD sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 24 HEATH 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 HEATH 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 HEATH ROAD?

24 HEATH ROAD is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 24 on HEATH ROAD.