3, NELSON ROAD, PAKEFIELD, LOWESTOFT, NR33 7AN - £195,000

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

3 NELSON ROAD is a small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £195,000 in May 2020, which was around 44% below the average May 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

3 NELSON ROAD Sold Prices

Land registry data shows two sales for 3 NELSON 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 3 NELSON 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
2020 18 MAY	£195,000	£348,864	44% below HPI
2000 12 MAY	£57,500	£109,248	47% below HPI

3 NELSON 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 3 NELSON ROAD sales from May 2000 and May 2020 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 2000 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the May 2020 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 3 NELSON ROAD?

3 NELSON ROAD is 77m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% 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 NELSON ROAD lies on this distribution: 26% of detached houses are smaller than 3 NELSON ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

3 NELSON ROAD: Plot and Title Map

3 NELSON ROAD sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 3 NELSON 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 3 NELSON 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 3 NELSON ROAD?

3 NELSON ROAD is located in PAKEFIELD, in the NR33 postcode district. The below map shows the position of No. 3 on NELSON ROAD.