61A, LAUREL ROAD, LOWESTOFT, NR33 0NF - £195,000

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

61A LAUREL ROAD is a large detached house of 120m², built sometime between 1996 and 2002. It was last sold for £195,000 in June 2009, which was around 12% below the average June 2009 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

61A LAUREL ROAD Sold Prices

Land registry data shows four sales for 61A LAUREL 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. two of the four 61A LAUREL ROAD sales were for below the average price, and four 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
2009 12 JUN	£195,000	£222,734	12% below HPI
2007 17 DEC	£195,000	£265,534	27% below HPI
1998 27 NOV	£116,500	£91,707	27% above HPI
1997 11 JUL	£89,000	£82,831	7% above HPI

61A LAUREL 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 61A LAUREL ROAD sales between July 1997 and June 2009 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 December 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2009 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 61A LAUREL ROAD?

61A LAUREL ROAD is 120m² according to the EPC inspection conducted in April 2009. This puts it in the largest 30% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 61A LAUREL ROAD lies on this distribution: 72% of detached houses are smaller than 61A LAUREL ROAD, and 28% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

61A LAUREL ROAD: Plot and Title Map

61A LAUREL ROAD sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of 61A LAUREL 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 61A LAUREL 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 61A LAUREL ROAD?

61A LAUREL ROAD is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 61A on LAUREL ROAD.