25, THE PARKLANDS, CARLTON COLVILLE, LOWESTOFT, NR33 8RN - £330,000

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

25 THE PARKLANDS is a midsized extended detached house of 91m², built sometime between 1983 and 1990. It was last sold for £330,000 in November 2022, which was around 25% below the average November 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

25 THE PARKLANDS Sold Prices

Land registry data shows three sales for 25 THE PARKLANDS 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 25 THE PARKLANDS 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
2022 3 NOV	£330,000	£442,367	25% below HPI
2007 5 MAR	£164,000	£246,715	34% below HPI
2001 24 MAY	£90,000	£129,339	30% below HPI

25 THE PARKLANDS 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 25 THE PARKLANDS sales between May 2001 and November 2022 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 March 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 25 THE PARKLANDS?

25 THE PARKLANDS is 91m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 50% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 25 THE PARKLANDS lies on this distribution: 43% of detached houses are smaller than 25 THE PARKLANDS, and 55% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

25 THE PARKLANDS: Plot and Title Map

25 THE PARKLANDS sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 25 THE PARKLANDS, 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 25 THE PARKLANDS). 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 25 THE PARKLANDS?

25 THE PARKLANDS is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 25 on THE PARKLANDS.