7, SOTTERLEY ROAD, LOWESTOFT, NR32 4SE - £194,500

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 SOTTERLEY ROAD is a very small detached house of 52m², built sometime between 1967 and 1975. It was last sold for £194,500 in November 2023, which was around 54% below the average November 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

7 SOTTERLEY ROAD Sold Prices

Land registry data shows four sales for 7 SOTTERLEY 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 7 SOTTERLEY 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 30 NOV	£194,500	£423,853	54% below HPI
2023 29 SEP	£160,000	£432,706	63% below HPI
2003 30 OCT	£129,000	£197,051	35% below HPI
1999 21 JUN	£58,950	£93,324	37% below HPI

7 SOTTERLEY 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 7 SOTTERLEY ROAD sales between June 1999 and November 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 September 2023 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the November 2023 sale, where it rises to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 7 SOTTERLEY ROAD?

7 SOTTERLEY ROAD is 52m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 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 7 SOTTERLEY ROAD lies on this distribution: 1% of detached houses are smaller than 7 SOTTERLEY ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

7 SOTTERLEY ROAD: Plot and Title Map

7 SOTTERLEY ROAD sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 7 SOTTERLEY 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 SOTTERLEY 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 SOTTERLEY ROAD?

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