4, BORROW ROAD, LOWESTOFT, NR32 3PN - £330,000

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

4 BORROW ROAD is a midsized extended detached house of 91m², built sometime between 1900 and 1929. It was last sold for £330,000 in December 2022, which was around 25% below the average December 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

4 BORROW ROAD Sold Prices

Land registry data shows four sales for 4 BORROW ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Most of the four 4 BORROW 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 20 DEC	£330,000	£441,323	25% below HPI
2005 30 SEP	£195,000	£228,988	15% below HPI
2002 2 DEC	£164,950	£175,252	6% below HPI
2000 10 APR	£110,000	£105,000	5% above HPI

4 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 four 4 BORROW ROAD sales between April 2000 and December 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 September 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 4 BORROW ROAD?

4 BORROW ROAD is 91m², which includes three extensions, according to the EPC inspection conducted in September 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 4 BORROW ROAD lies on this distribution: 43% of detached houses are smaller than 4 BORROW ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

4 BORROW ROAD: Plot and Title Map

4 BORROW ROAD sits on a plot of roughly 0.152 of an acre, or 615m². The below map shows the location of 4 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 4 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 4 BORROW ROAD?

4 BORROW ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 4 on BORROW ROAD.