LITTLE TRING, HUBBARDS LOKE, LOWESTOFT, NR32 4LB - £390,000

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

LITTLE TRING is a small extended detached house of 79m², built sometime between 1950 and 1966. It was last sold for £390,000 in November 2022, which was around 12% below the average November 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

LITTLE TRING Sold Prices

Land registry data shows three sales for LITTLE TRING 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 LITTLE TRING 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
2022 29 NOV	£390,000	£442,367	12% below HPI
2018 5 FEB	£240,000	£344,603	30% below HPI
1997 5 DEC	£69,500	£84,679	18% below HPI

LITTLE TRING 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 LITTLE TRING sales between December 1997 and November 2022 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 2018 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is LITTLE TRING?

LITTLE TRING is 79m², which includes one extension, according to the EPC inspection conducted in August 2017. 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 LITTLE TRING lies on this distribution: 29% of detached houses are smaller than LITTLE TRING, and 70% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

LITTLE TRING: Plot and Title Map

LITTLE TRING sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of LITTLE TRING, 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 LITTLE TRING). 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 LITTLE TRING?

LITTLE TRING is located on HUBBARDS LOKE in LOWESTOFT, in the NR32 postcode district. The below map shows the position of LITTLE TRING on HUBBARDS LOKE.