62, LAUREL ROAD, LOWESTOFT, NR33 0NG - £252,000

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 LAUREL ROAD is a small extended detached house of 86m², built sometime between 2003 and 2006. It was last sold for £252,000 in April 2023, which was around 40% below the average April 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

62 LAUREL ROAD Sold Prices

Land registry data shows five sales for 62 LAUREL ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the five 62 LAUREL 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 27 APR	£252,000	£423,046	40% below HPI
2018 28 AUG	£205,000	£357,858	43% below HPI
2014 25 APR	£159,995	£264,724	40% below HPI
2009 27 AUG	£155,000	£229,904	33% below HPI
2002 27 SEP	£104,950	£167,041	37% below HPI

62 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 five 62 LAUREL ROAD sales between September 2002 and April 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 August 2018 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the April 2023 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 62 LAUREL ROAD?

62 LAUREL ROAD is 86m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the smallest 40% 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 LAUREL ROAD lies on this distribution: 38% of detached houses are smaller than 62 LAUREL ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

62 LAUREL ROAD: Plot and Title Map

62 LAUREL ROAD sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 62 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 62 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 62 LAUREL ROAD?

62 LAUREL ROAD is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 62 on LAUREL ROAD.