3, THE HOMESTEAD, CARLTON COLVILLE, LOWESTOFT, NR33 8GP - £320,000

3 THE HOMESTEAD is a midsized detached house of 101m², built sometime between 1950 and 1966. It was last sold for £320,000 in October 2019, which was around 8% below the average October 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

3 THE HOMESTEAD Sold Prices

Land registry data shows three sales for 3 THE HOMESTEAD 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. Two of the three 3 THE HOMESTEAD sales were for below the average price, whilst one 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
2019 28 OCT	£320,000	£349,022	8% below HPI
2005 15 AUG	£235,000	£225,749	4% above HPI
2003 22 AUG	£179,950	£190,047	5% below HPI

3 THE HOMESTEAD 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 3 THE HOMESTEAD sales between August 2003 and October 2019 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 August 2005 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2019 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 3 THE HOMESTEAD?

3 THE HOMESTEAD is 101m² according to the EPC inspection conducted in April 2019. This puts it in the largest 50% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 3 THE HOMESTEAD lies on this distribution: 55% of detached houses are smaller than 3 THE HOMESTEAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

3 THE HOMESTEAD: Plot and Title Map

3 THE HOMESTEAD sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 3 THE HOMESTEAD, 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 3 THE HOMESTEAD). 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 3 THE HOMESTEAD?

3 THE HOMESTEAD is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 3 on THE HOMESTEAD.