38, THE PARKLANDS, CARLTON COLVILLE, LOWESTOFT, NR33 8RN - £155,000

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 THE PARKLANDS is a midsized detached house of 91m², built sometime between 1983 and 1990. It was last sold for £155,000 in January 2003, which was around 13% below the average January 2003 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

38 THE PARKLANDS Sold Prices

Land registry data shows two sales for 38 THE PARKLANDS 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 38 THE PARKLANDS 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
2003 17 JAN	£155,000	£178,064	13% below HPI
2001 28 SEP	£124,995	£139,852	11% below HPI

38 THE PARKLANDS 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 38 THE PARKLANDS sales from September 2001 and January 2003 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 2001 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2003 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 38 THE PARKLANDS?

38 THE PARKLANDS is 91m² according to the EPC inspection conducted in February 2022. 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 38 THE PARKLANDS lies on this distribution: 43% of detached houses are smaller than 38 THE PARKLANDS, and 55% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

38 THE PARKLANDS: Plot and Title Map

38 THE PARKLANDS sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 38 THE PARKLANDS, 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 THE PARKLANDS). 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 THE PARKLANDS?

38 THE PARKLANDS is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 38 on THE PARKLANDS.