8, PARK MEADOWS, LOWESTOFT, NR32 4WP - £262,000

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 PARK MEADOWS is a very small detached house of 70m², built sometime between 2003 and 2006. It was last sold for £262,000 in May 2017, which was around 21% below the average May 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

8 PARK MEADOWS Sold Prices

Land registry data shows three sales for 8 PARK MEADOWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 8 PARK MEADOWS 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 10 MAY	£262,000	£331,801	21% below HPI
2014 29 AUG	£209,995	£276,803	24% below HPI
2004 12 AUG	£177,995	£220,909	19% below HPI

8 PARK MEADOWS 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 three 8 PARK MEADOWS sales between August 2004 and May 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 August 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2017 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 8 PARK MEADOWS?

8 PARK MEADOWS is 70m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 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 PARK MEADOWS lies on this distribution: 17% of detached houses are smaller than 8 PARK MEADOWS, and 82% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

8 PARK MEADOWS: Plot and Title Map

8 PARK MEADOWS sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 8 PARK MEADOWS, 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 PARK MEADOWS). 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 PARK MEADOWS?

8 PARK MEADOWS is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 8 on PARK MEADOWS.