297, LONG ROAD, LOWESTOFT, NR33 9DF - £228,000

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

297 LONG ROAD is a very large extended detached house of 133m², built sometime between 1930 and 1949. It was last sold for £228,000 in August 2012, which was around 8% below the average August 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

297 LONG ROAD Sold Prices

Land registry data shows three sales for 297 LONG 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 297 LONG 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
2012 17 AUG	£228,000	£248,594	8% below HPI
2004 12 MAR	£156,000	£204,684	24% below HPI
1995 11 OCT	£67,500	£72,131	6% below HPI

297 LONG 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 297 LONG ROAD sales between October 1995 and August 2012 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 2004 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2012 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 297 LONG ROAD?

297 LONG ROAD is 133m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the largest 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 297 LONG ROAD lies on this distribution: 81% of detached houses are smaller than 297 LONG ROAD, and 19% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

297 LONG ROAD: Plot and Title Map

297 LONG ROAD sits on a plot of roughly 0.233 of an acre, or 941m². The below map shows the location of 297 LONG 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 297 LONG 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 297 LONG ROAD?

297 LONG ROAD is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 297 on LONG ROAD.