78, LORNE PARK ROAD, LOWESTOFT, NR33 0RB - £123,500

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

78 LORNE PARK ROAD is a very small detached house of 59m², built sometime between 1950 and 1966. It was last sold for £123,500 in December 2014, which was around 56% below the average December 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

78 LORNE PARK ROAD Sold Prices

Land registry data shows two sales for 78 LORNE 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 78 LORNE 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
2014 12 DEC	£123,500	£283,901	56% below HPI
1996 26 FEB	£37,000	£73,809	50% below HPI

78 LORNE 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 78 LORNE PARK ROAD sales from February 1996 and December 2014 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 February 1996 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the December 2014 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 78 LORNE PARK ROAD?

78 LORNE PARK ROAD is 59m² according to the EPC inspection conducted in October 2014. 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 78 LORNE PARK ROAD lies on this distribution: 4% of detached houses are smaller than 78 LORNE PARK ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

78 LORNE PARK ROAD: Plot and Title Map

78 LORNE PARK ROAD sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 78 LORNE 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 78 LORNE 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 78 LORNE PARK ROAD?

78 LORNE PARK ROAD is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 78 on LORNE PARK ROAD.