3, HOMEFIELD AVENUE, LOWESTOFT, NR33 9BT - £175,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 HOMEFIELD AVENUE is a very small extended semi-detached house of 57m², built sometime between 1930 and 1949. It was last sold for £175,000 in September 2024, which was around 60% below the average September 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

3 HOMEFIELD AVENUE Sold Prices

Land registry data shows two sales for 3 HOMEFIELD AVENUE 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 3 HOMEFIELD AVENUE 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
2024 13 SEP	£175,000	£433,367	60% below HPI
2002 9 JAN	£49,500	£143,391	65% below HPI

3 HOMEFIELD AVENUE 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 3 HOMEFIELD AVENUE sales from January 2002 and September 2024 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 January 2002 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the September 2024 sale, where it rises to 60% below the HPI. The line then continues to track at 60% below the HPI.

How Large is 3 HOMEFIELD AVENUE?

3 HOMEFIELD AVENUE is 57m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 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 3 HOMEFIELD AVENUE lies on this distribution: 3% of detached houses are smaller than 3 HOMEFIELD AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

3 HOMEFIELD AVENUE: Plot and Title Map

3 HOMEFIELD AVENUE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 3 HOMEFIELD AVENUE, 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 3 HOMEFIELD AVENUE). 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 3 HOMEFIELD AVENUE?

3 HOMEFIELD AVENUE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 3 on HOMEFIELD AVENUE.