42, MERRIFIELD ROAD, LOWESTOFT, NR33 7HB - £170,000

42 MERRIFIELD ROAD is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £170,000 in February 2021, which was around 55% below the average February 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

42 MERRIFIELD ROAD Sold Prices

Land registry data shows two sales for 42 MERRIFIELD ROAD 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 42 MERRIFIELD 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
2021 26 FEB	£170,000	£379,586	55% below HPI
1995 13 NOV	£35,500	£71,590	50% below HPI

42 MERRIFIELD ROAD 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 42 MERRIFIELD ROAD sales from November 1995 and February 2021 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 November 1995 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the February 2021 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 42 MERRIFIELD ROAD?

42 MERRIFIELD ROAD is 65m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 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 42 MERRIFIELD ROAD lies on this distribution: 11% of detached houses are smaller than 42 MERRIFIELD ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

42 MERRIFIELD ROAD: Plot and Title Map

42 MERRIFIELD ROAD sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 42 MERRIFIELD 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 42 MERRIFIELD 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 42 MERRIFIELD ROAD?

42 MERRIFIELD ROAD is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 42 on MERRIFIELD ROAD.