4, PADDOCK HILL, LOWESTOFT, NR33 9PB - £265,000

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 PADDOCK HILL is a very small detached house of 62m², built in 2021. It was last sold for £265,000 in December 2020, which was around 30% below the average December 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2023, where the current energy rating was B, and the potential energy rating was A.

4 PADDOCK HILL Sold Prices

Land registry data shows two sales for 4 PADDOCK HILL 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 4 PADDOCK HILL 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
2020 18 DEC	£265,000	£380,784	30% below HPI
2012 30 NOV	£165,250	£250,298	34% below HPI

4 PADDOCK HILL 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 4 PADDOCK HILL sales from November 2012 and December 2020 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 2012 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2020 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 4 PADDOCK HILL?

4 PADDOCK HILL is 62m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 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 4 PADDOCK HILL lies on this distribution: 8% of detached houses are smaller than 4 PADDOCK HILL, and 92% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

4 PADDOCK HILL: Plot and Title Map

4 PADDOCK HILL sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 4 PADDOCK HILL, 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 PADDOCK HILL). 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 PADDOCK HILL?

4 PADDOCK HILL is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 4 on PADDOCK HILL.