343, LONG ROAD, LOWESTOFT, NR33 9DG - £285,000

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

343 LONG ROAD is a midsized extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £285,000 in December 2023, which was around 33% below the average December 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

343 LONG ROAD Sold Prices

Land registry data shows two sales for 343 LONG 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 343 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
2023 8 DEC	£285,000	£422,815	33% below HPI
2004 8 JUL	£158,000	£219,642	28% below HPI

343 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 two 343 LONG ROAD sales from July 2004 and December 2023 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 July 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2023 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 343 LONG ROAD?

343 LONG ROAD is 92m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 50% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 343 LONG ROAD lies on this distribution: 45% of detached houses are smaller than 343 LONG ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

343 LONG ROAD: Plot and Title Map

343 LONG ROAD sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 343 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 343 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 343 LONG ROAD?

343 LONG ROAD is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 343 on LONG ROAD.