GATEHOUSE, HARBOUR ROAD, LOWESTOFT, NR32 3LZ - £124,185

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

GATEHOUSE is a small extended detached house of 73m², built sometime before 1900. It was last sold for £124,185 in August 2010, which was around 52% below the average August 2010 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

GATEHOUSE Sold Prices

Land registry data shows two sales for GATEHOUSE 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 GATEHOUSE 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
2010 10 AUG	£124,185	£256,628	52% below HPI
2001 23 NOV	£64,000	£144,437	56% below HPI

GATEHOUSE 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 GATEHOUSE sales from November 2001 and August 2010 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 November 2001 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the August 2010 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is GATEHOUSE?

GATEHOUSE is 73m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where GATEHOUSE lies on this distribution: 20% of detached houses are smaller than GATEHOUSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

GATEHOUSE: Plot and Title Map

GATEHOUSE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of GATEHOUSE, 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 GATEHOUSE). 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 GATEHOUSE?

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