SEA VIEW, ARBOR LANE, LOWESTOFT, NR33 7BQ - £75,000

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

SEA VIEW is a very large extended detached house of 163m², built sometime from 2012 onwards. It was last sold for £75,000 in October 2009, which was around 68% below the average October 2009 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

SEA VIEW Sold Prices

Land registry data shows three sales for SEA VIEW 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 SEA VIEW 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
2009 19 OCT	£75,000	£236,368	68% below HPI
2008 14 JUL	£100,000	£256,145	61% below HPI
2004 23 DEC	£59,995	£220,636	73% below HPI

SEA VIEW 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 SEA VIEW sales between December 2004 and October 2009 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 July 2008 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the October 2009 sale, where it falls to 68% below the HPI. The line then continues to track at 68% below the HPI.

How Large is SEA VIEW?

SEA VIEW is 163m², which includes one extension, according to the EPC inspection conducted in March 2024. 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 SEA VIEW lies on this distribution: 91% of detached houses are smaller than SEA VIEW, and 9% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

SEA VIEW: Plot and Title Map

SEA VIEW sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of SEA VIEW, 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 SEA VIEW). 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 SEA VIEW?

SEA VIEW is located on ARBOR LANE in LOWESTOFT, in the NR33 postcode district. The below map shows the position of SEA VIEW on ARBOR LANE.