284, GORLESTON ROAD, LOWESTOFT, NR32 3AJ - £288,000

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

284 GORLESTON ROAD is a very large extended detached house of 160m², built sometime between 1900 and 1929. It was last sold for £288,000 in March 2018, which was around 15% below the average March 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

284 GORLESTON ROAD Sold Prices

Land registry data shows three sales for 284 GORLESTON 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 284 GORLESTON 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
2018 26 MAR	£288,000	£339,832	15% below HPI
2009 5 JUN	£220,000	£222,734	1% below HPI
2003 3 DEC	£189,000	£199,289	5% below HPI

284 GORLESTON 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 284 GORLESTON ROAD sales between December 2003 and March 2018 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 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2018 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 284 GORLESTON ROAD?

284 GORLESTON ROAD is 160m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 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 284 GORLESTON ROAD lies on this distribution: 91% of detached houses are smaller than 284 GORLESTON ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

284 GORLESTON ROAD: Plot and Title Map

284 GORLESTON ROAD sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of 284 GORLESTON 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 284 GORLESTON 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 284 GORLESTON ROAD?

284 GORLESTON ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 284 on GORLESTON ROAD.