2, PARK MEADOWS, LOWESTOFT, NR32 4WP - £400,000

2 PARK MEADOWS is a very large detached house of 152m², built sometime between 1996 and 2002. It was last sold for £400,000 in December 2022, which was around 13% below the average December 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

2 PARK MEADOWS Sold Prices

Land registry data shows two sales for 2 PARK MEADOWS 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. One of the two 2 PARK MEADOWS sales was for below the average price, whilst the other was for above 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 16 DEC	£400,000	£462,404	13% below HPI
2004 8 JAN	£249,995	£201,094	24% above HPI

2 PARK MEADOWS 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 2 PARK MEADOWS sales from January 2004 and December 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 January 2004 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the December 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 PARK MEADOWS?

2 PARK MEADOWS is 152m² according to the EPC inspection conducted in September 2021. This puts it in the largest 20% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 2 PARK MEADOWS lies on this distribution: 88% of detached houses are smaller than 2 PARK MEADOWS, and 11% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 PARK MEADOWS: Plot and Title Map

2 PARK MEADOWS sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 2 PARK MEADOWS, 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 2 PARK MEADOWS). 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 2 PARK MEADOWS?

2 PARK MEADOWS is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 2 on PARK MEADOWS.