Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
5 BORROW ROAD is a very large extended detached house of 196m², built sometime between 1950 and 1966. It was last sold for £430,000 in April 2015, which was around 50% above the average April 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 5 BORROW ROAD since 1st 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 5 BORROW ROAD sales were for above 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 |
---|---|---|---|
2015 23 APR | £430,000 | £286,842 | 50% above HPI |
2000 23 JUN | £129,995 | £111,912 | 16% above HPI |
The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 5 BORROW ROAD sales from June 2000 and April 2015 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 June 2000 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the April 2015 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.
5 BORROW ROAD is 196m², which includes one extension, according to the EPC inspection conducted in August 2014. 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 5 BORROW ROAD lies on this distribution: 96% of detached houses are smaller than 5 BORROW ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.
5 BORROW ROAD sits on a plot of roughly 0.208 of an acre, or 840m². The below map shows the location of 5 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 5 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.
5 BORROW ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 5 on BORROW ROAD.