318, OULTON ROAD NORTH, LOWESTOFT, NR32 4QL - £152,376

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

318 OULTON ROAD NORTH is a very small detached house of 62m², built sometime between 1950 and 1966. It was last sold for £152,376 in May 2014, which was around 44% below the average May 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

318 OULTON ROAD NORTH Sold Prices

Land registry data shows two sales for 318 OULTON ROAD NORTH 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 318 OULTON ROAD NORTH 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
2014 23 MAY	£152,376	£270,205	44% below HPI
2007 11 SEP	£180,000	£266,374	32% below HPI

318 OULTON ROAD NORTH 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 318 OULTON ROAD NORTH sales from September 2007 and May 2014 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 September 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2014 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 318 OULTON ROAD NORTH?

318 OULTON ROAD NORTH is 62m² according to the EPC inspection conducted in March 2013. 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 318 OULTON ROAD NORTH lies on this distribution: 8% of detached houses are smaller than 318 OULTON ROAD NORTH, and 92% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

318 OULTON ROAD NORTH: Plot and Title Map

318 OULTON ROAD NORTH sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of 318 OULTON ROAD NORTH, 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 318 OULTON ROAD NORTH). 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 318 OULTON ROAD NORTH?

318 OULTON ROAD NORTH is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 318 on OULTON ROAD NORTH.