CHARNWOOD, BORROW ROAD, LOWESTOFT, NR32 3PW - £710,000

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

CHARNWOOD is a very large extended detached house of 185m², built sometime between 1967 and 1975. It was last sold for £710,000 in November 2020, which was around 87% above the average November 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

CHARNWOOD Sold Prices

Land registry data shows four sales for CHARNWOOD 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 CHARNWOOD sales were for above 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
2020 10 NOV	£710,000	£379,967	87% above HPI
2015 15 DEC	£537,500	£302,738	78% above HPI
2013 17 MAY	£395,000	£251,653	57% above HPI
1998 3 JUL	£135,000	£89,503	51% above HPI

CHARNWOOD 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 CHARNWOOD sales between July 1998 and November 2020 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 December 2015 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the November 2020 sale, where it rises to 87% above the HPI. The line then continues to track at 87% above the HPI.

How Large is CHARNWOOD?

CHARNWOOD is 185m², which includes two extensions, according to the EPC inspection conducted in November 2012. This puts it in the largest 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 CHARNWOOD lies on this distribution: 95% of detached houses are smaller than CHARNWOOD, and 5% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

CHARNWOOD: Plot and Title Map

CHARNWOOD sits on a plot of roughly 0.853 of an acre, or 3,452m². The below map shows the location of CHARNWOOD, 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 CHARNWOOD). 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 CHARNWOOD?

CHARNWOOD is located on BORROW ROAD in LOWESTOFT, in the NR32 postcode district. The below map shows the position of CHARNWOOD on BORROW ROAD.