491, LONDON ROAD SOUTH, LOWESTOFT, NR33 0PD - £250,000

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

491 LONDON ROAD SOUTH is a very large extended detached house of 221m², built sometime between 1930 and 1949. It was last sold for £250,000 in February 2014, which was around 5% below the average February 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

491 LONDON ROAD SOUTH Sold Prices

Land registry data shows two sales for 491 LONDON ROAD SOUTH 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 491 LONDON ROAD SOUTH 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
2014 21 FEB	£250,000	£262,812	5% below HPI
1999 31 MAR	£54,000	£90,454	40% below HPI

491 LONDON ROAD SOUTH 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 491 LONDON ROAD SOUTH sales from March 1999 and February 2014 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 March 1999 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the February 2014 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 491 LONDON ROAD SOUTH?

491 LONDON ROAD SOUTH is 221m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 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 491 LONDON ROAD SOUTH lies on this distribution: 98% of detached houses are smaller than 491 LONDON ROAD SOUTH, and 2% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

491 LONDON ROAD SOUTH: Plot and Title Map

491 LONDON ROAD SOUTH sits on a plot of roughly 0.170 of an acre, or 689m². The below map shows the location of 491 LONDON ROAD SOUTH, 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 491 LONDON ROAD SOUTH). 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 491 LONDON ROAD SOUTH?

491 LONDON ROAD SOUTH is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 491 on LONDON ROAD SOUTH.