3A, GORLESTON ROAD, LOWESTOFT, NR32 3AA - £300,000

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

3A GORLESTON ROAD is a large extended detached house of 110m², built sometime between 1991 and 1995. It was last sold for £300,000 in June 2022, which was around 30% below the average June 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

3A GORLESTON ROAD Sold Prices

Land registry data shows two sales for 3A GORLESTON 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 3A GORLESTON 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
2022 17 JUN	£300,000	£426,506	30% below HPI
2004 15 NOV	£173,000	£220,375	21% below HPI

3A GORLESTON 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 3A GORLESTON ROAD sales from November 2004 and June 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 November 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 3A GORLESTON ROAD?

3A GORLESTON ROAD is 110m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 40% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 3A GORLESTON ROAD lies on this distribution: 63% of detached houses are smaller than 3A GORLESTON ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

3A GORLESTON ROAD: Plot and Title Map

3A GORLESTON ROAD sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 3A GORLESTON 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 3A GORLESTON 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 3A GORLESTON ROAD?

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