7, GORLESTON ROAD, LOWESTOFT, NR32 3AA - £297,500

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

7 GORLESTON ROAD is a very large extended detached house of 139m², built sometime between 1900 and 1929. It was last sold for £297,500 in March 2017, which was around 9% below the average March 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

7 GORLESTON ROAD Sold Prices

Land registry data shows two sales for 7 GORLESTON ROAD 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 7 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 31 MAR	£297,500	£328,526	9% below HPI
1998 22 MAY	£75,000	£85,580	12% below HPI

7 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 two 7 GORLESTON ROAD sales from May 1998 and March 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 May 1998 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2017 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 7 GORLESTON ROAD?

7 GORLESTON ROAD is 139m², which includes two extensions, according to the EPC inspection conducted in August 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 7 GORLESTON ROAD lies on this distribution: 83% of detached houses are smaller than 7 GORLESTON ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

7 GORLESTON ROAD: Plot and Title Map

7 GORLESTON ROAD sits on a plot of roughly 0.193 of an acre, or 780m². The below map shows the location of 7 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 7 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 7 GORLESTON ROAD?

7 GORLESTON ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 7 on GORLESTON ROAD.