38, BORROW ROAD, LOWESTOFT, NR32 3PN - £715,000

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

38 BORROW ROAD is a very large extended detached house of 264m², built sometime between 1967 and 1975. It was last sold for £715,000 in May 2022, which was around 69% above the average May 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was C.

38 BORROW ROAD Sold Prices

Land registry data shows three sales for 38 BORROW ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 38 BORROW ROAD sales were for above 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
2022 9 MAY	£715,000	£423,073	69% above HPI
2018 14 DEC	£555,000	£358,627	55% above HPI
2009 11 SEP	£250,000	£233,791	7% above HPI

38 BORROW 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 three 38 BORROW ROAD sales between September 2009 and May 2022 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 December 2018 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the May 2022 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

How Large is 38 BORROW ROAD?

38 BORROW ROAD is 264m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 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 38 BORROW ROAD lies on this distribution: 99% of detached houses are smaller than 38 BORROW ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

38 BORROW ROAD: Plot and Title Map

38 BORROW ROAD sits on a plot of roughly 0.263 of an acre, or 1,064m². The below map shows the location of 38 BORROW 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 38 BORROW 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 38 BORROW ROAD?

38 BORROW ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 38 on BORROW ROAD.