62, GORLESTON ROAD, LOWESTOFT, NR32 3AH - £306,000

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

62 GORLESTON ROAD is a very large extended detached house of 142m², built sometime between 1900 and 1929. It was last sold for £306,000 in January 2017, which was around 6% below the average January 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

62 GORLESTON ROAD Sold Prices

Land registry data shows four sales for 62 GORLESTON 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. All of the four 62 GORLESTON 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
2017 6 JAN	£306,000	£326,222	6% below HPI
2006 31 OCT	£223,000	£237,560	6% below HPI
2004 30 APR	£127,500	£207,942	39% below HPI
1999 30 APR	£66,500	£90,677	27% below HPI

62 GORLESTON 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 62 GORLESTON ROAD sales between April 1999 and January 2017 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 October 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2017 sale, which was also at 6% below the HPI.

How Large is 62 GORLESTON ROAD?

62 GORLESTON ROAD is 142m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 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 62 GORLESTON ROAD lies on this distribution: 84% of detached houses are smaller than 62 GORLESTON ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

62 GORLESTON ROAD: Plot and Title Map

62 GORLESTON ROAD sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of 62 GORLESTON 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 62 GORLESTON 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 62 GORLESTON ROAD?

62 GORLESTON ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 62 on GORLESTON ROAD.