12, BROAD ROAD, LOWESTOFT, NR32 3PA - £179,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 BROAD ROAD is a very small semi-detached house of 70m², built sometime between 1976 and 1982, which could now be worth an estimated £218,361. It was last sold for £179,950 in February 2020, which was around 20% below the average February 2020 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

12 BROAD ROAD Sold Prices

Land registry data shows two sales for 12 BROAD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 12 BROAD ROAD 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 14 FEB	£179,950	£225,523	20% below HPI
2000 16 MAR	£47,000	£62,983	25% below HPI

12 BROAD ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 12 BROAD ROAD sales from March 2000 and February 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 March 2000 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2020 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 12 BROAD ROAD be worth now?

12 BROAD ROAD might now be worth an estimated £218,361.

This is based on house price inflation of 21.3%, between February 2020 and July 2025, for semi-detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.3% inflationary increase is applied to the most recent sale price for 12 BROAD ROAD of £179,950 on 14th February 2020. For the value to have increased from £179,950 to £218,361 over the four years and seven months to July 2025, the following assumptions must hold true:

• The value of 12 BROAD ROAD has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The February 2020 sale price of £179,950 represented a fair market value for the property.
• The size, condition, and specification of 12 BROAD ROAD has not materially changed since February 2020.

How Large is 12 BROAD ROAD?

12 BROAD ROAD is 70m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of semi-detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lowestoft, and where 12 BROAD ROAD lies on this distribution: 17% of semi-detached houses houses are smaller than 12 BROAD ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

12 BROAD ROAD: Plot and Title Map

12 BROAD ROAD sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 12 BROAD ROAD, 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 12 BROAD ROAD). 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 12 BROAD ROAD?

12 BROAD ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 12 on BROAD ROAD.