71, PARK ROAD, LOWESTOFT, NR32 1SP - £38,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

71 PARK ROAD is a large detached house of 118m², built sometime before 1900, which could now be worth an estimated £177,257. It was last sold for £38,000 in April 1999, which was around 58% below the average April 1999 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

71 PARK ROAD Sold Prices

Land registry data shows two sales for 71 PARK 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 71 PARK 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
1999 16 APR	£38,000	£90,692	58% below HPI
1996 12 JUL	£37,000	£73,450	50% below HPI

71 PARK 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 71 PARK ROAD sales from July 1996 and April 1999 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 July 1996 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the April 1999 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

What might 71 PARK ROAD be worth now?

71 PARK ROAD might now be worth an estimated £177,257.

This is based on house price inflation of 366.5%, between April 1999 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 366.5% inflationary increase is applied to the most recent sale price for 71 PARK ROAD of £38,000 on 16th April 1999. For the value to have increased from £38,000 to £177,257 over the 26 years and two months to February 2025, the following assumptions must hold true:

• The value of 71 PARK ROAD has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The April 1999 sale price of £38,000 represented a fair market value for the property.
• The size, condition, and specification of 71 PARK ROAD has not materially changed since April 1999.

How Large is 71 PARK ROAD?

71 PARK ROAD is 118m² according to the EPC inspection conducted in October 2018. This puts it in the largest 30% of detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowestoft, and where 71 PARK ROAD lies on this distribution: 71% of detached houses houses are smaller than 71 PARK ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

71 PARK ROAD: Plot and Title Map

71 PARK ROAD sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 71 PARK 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 71 PARK 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 71 PARK ROAD?

71 PARK ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 71 on PARK ROAD.