46, SHIP ROAD, LOWESTOFT, NR33 7DW - £285,000

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

46 SHIP ROAD is a very small extended detached house of 68m², built sometime between 1967 and 1975. It was last sold for £285,000 in October 2023, which was around 34% below the average October 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

46 SHIP ROAD Sold Prices

Land registry data shows two sales for 46 SHIP 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 46 SHIP 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
2023 13 OCT	£285,000	£434,532	34% below HPI
2011 28 JAN	£147,000	£249,934	41% below HPI

46 SHIP 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 46 SHIP ROAD sales from January 2011 and October 2023 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 January 2011 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2023 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 46 SHIP ROAD?

46 SHIP ROAD is 68m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 46 SHIP ROAD lies on this distribution: 14% of detached houses are smaller than 46 SHIP ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

46 SHIP ROAD: Plot and Title Map

46 SHIP ROAD sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 46 SHIP 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 46 SHIP 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 46 SHIP ROAD?

46 SHIP ROAD is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 46 on SHIP ROAD.