3, SOTTERLEY ROAD, LOWESTOFT, NR32 4SE - £180,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 SOTTERLEY ROAD is a very small extended detached house of 61m², built sometime between 1967 and 1975, which could now be worth an estimated £175,859. It was last sold for £180,000 in September 2024, which was around 58% below the average September 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

3 SOTTERLEY ROAD Sold Prices

Land registry data shows four sales for 3 SOTTERLEY ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 3 SOTTERLEY 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
2024 6 SEP	£180,000	£433,007	58% below HPI
2005 18 NOV	£110,000	£226,690	51% below HPI
1998 9 APR	£51,500	£83,754	39% below HPI
1996 11 DEC	£47,500	£77,886	39% below HPI

3 SOTTERLEY 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 four 3 SOTTERLEY ROAD sales between December 1996 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 November 2005 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the September 2024 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

What might 3 SOTTERLEY ROAD be worth now?

3 SOTTERLEY ROAD might now be worth an estimated £175,859.

This is based on house price deflation of 2.3%, between September 2024 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.3% deflationary decrease is applied to the most recent sale price for 3 SOTTERLEY ROAD of £180,000 on 6th September 2024. For the value to have decreased from £180,000 to £175,859 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 3 SOTTERLEY ROAD has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The September 2024 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SOTTERLEY ROAD has not materially changed since September 2024.

How Large is 3 SOTTERLEY ROAD?

3 SOTTERLEY ROAD is 61m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowestoft, and where 3 SOTTERLEY ROAD lies on this distribution: 7% of detached houses houses are smaller than 3 SOTTERLEY ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

3 SOTTERLEY ROAD: Plot and Title Map

3 SOTTERLEY ROAD sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 3 SOTTERLEY 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 SOTTERLEY 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 SOTTERLEY ROAD?

3 SOTTERLEY ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 3 on SOTTERLEY ROAD.