8, OULTON STREET, OULTON, LOWESTOFT, NR32 3BB - £325,000

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

8 OULTON STREET is a very large extended detached house of 141m², built sometime between 1967 and 1975. It was last sold for £325,000 in September 2017, which was around 6% below the average September 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

8 OULTON STREET Sold Prices

Land registry data shows two sales for 8 OULTON STREET 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 8 OULTON STREET 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 1 SEP	£325,000	£345,448	6% below HPI
2003 24 SEP	£164,950	£194,583	15% below HPI

8 OULTON STREET 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 8 OULTON STREET sales from September 2003 and September 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 September 2003 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2017 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 8 OULTON STREET?

8 OULTON STREET is 141m², which includes four extensions, according to the EPC inspection conducted in March 2015. 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 8 OULTON STREET lies on this distribution: 84% of detached houses are smaller than 8 OULTON STREET, and 16% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

8 OULTON STREET: Plot and Title Map

8 OULTON STREET sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 8 OULTON STREET, 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 8 OULTON STREET). 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 8 OULTON STREET?

8 OULTON STREET is located in OULTON, in the NR32 postcode district. The below map shows the position of No. 8 on OULTON STREET.