1, MALVERN RISE, LOWESTOFT, NR32 4EH - £226,000

1 MALVERN RISE is a very small detached house of 60m², built sometime between 1950 and 1966. It was last sold for £226,000 in August 2020, which was around 38% below the average August 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

1 MALVERN RISE Sold Prices

Land registry data shows two sales for 1 MALVERN RISE 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 1 MALVERN RISE 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
2020 26 AUG	£226,000	£362,585	38% below HPI
2018 28 FEB	£174,995	£344,603	49% below HPI

1 MALVERN RISE 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 1 MALVERN RISE sales from February 2018 and August 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 February 2018 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the August 2020 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 1 MALVERN RISE?

1 MALVERN RISE is 60m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 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 1 MALVERN RISE lies on this distribution: 6% of detached houses are smaller than 1 MALVERN RISE, and 94% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1 MALVERN RISE: Plot and Title Map

1 MALVERN RISE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 1 MALVERN RISE, 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 1 MALVERN RISE). 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 1 MALVERN RISE?

1 MALVERN RISE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 1 on MALVERN RISE.