NOVAVITA, LINKS CLOSE, LOWESTOFT, NR33 9DP - £210,000

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

NOVAVITA is a large extended detached house of 119m², built sometime between 1950 and 1966. It was last sold for £210,000 in July 2015, which was around 29% below the average July 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

NOVAVITA Sold Prices

Land registry data shows two sales for NOVAVITA 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 NOVAVITA 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
2015 16 JUL	£210,000	£296,792	29% below HPI
2000 6 SEP	£95,000	£119,747	21% below HPI

NOVAVITA 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 NOVAVITA sales from September 2000 and July 2015 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 2000 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2015 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is NOVAVITA?

NOVAVITA is 119m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 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 NOVAVITA lies on this distribution: 71% of detached houses are smaller than NOVAVITA, and 28% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

NOVAVITA: Plot and Title Map

NOVAVITA sits on a plot of roughly 0.257 of an acre, or 1,040m². The below map shows the location of NOVAVITA, 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 NOVAVITA). 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 NOVAVITA?

NOVAVITA is located on LINKS CLOSE in LOWESTOFT, in the NR33 postcode district. The below map shows the position of NOVAVITA on LINKS CLOSE.