27, WILLOW ROAD, LOWESTOFT, NR33 7BJ - £125,000

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

27 WILLOW ROAD is a very small extended detached house of 70m², built sometime between 1950 and 1966. It was last sold for £125,000 in December 2021, which was around 69% below the average December 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2021, where the current energy rating was A, and the potential energy rating was A.

27 WILLOW ROAD Sold Prices

Land registry data shows two sales for 27 WILLOW ROAD 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 27 WILLOW 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
2021 15 DEC	£125,000	£404,862	69% below HPI
1996 15 MAY	£25,000	£74,229	66% below HPI

27 WILLOW 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 two 27 WILLOW ROAD sales from May 1996 and December 2021 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 May 1996 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the December 2021 sale, where it falls to 69% below the HPI. The line then continues to track at 69% below the HPI.

How Large is 27 WILLOW ROAD?

27 WILLOW ROAD is 70m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 20% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 27 WILLOW ROAD lies on this distribution: 17% of detached houses are smaller than 27 WILLOW ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

27 WILLOW ROAD: Plot and Title Map

27 WILLOW ROAD sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 27 WILLOW 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 27 WILLOW 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 27 WILLOW ROAD?

27 WILLOW ROAD is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 27 on WILLOW ROAD.