622, LONDON ROAD SOUTH, LOWESTOFT, NR33 0LF - £215,000

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.

622 LONDON ROAD SOUTH is a large extended terraced house of 126m², built sometime before 1900, which could now be worth an estimated £239,066. It was last sold for £215,000 in August 2021, which was around 12% above the average August 2021 terraced price in the East Suffolk local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

622 LONDON ROAD SOUTH Sold Prices

Land registry data shows three sales for 622 LONDON ROAD SOUTH since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. All of the three 622 LONDON ROAD SOUTH sales were 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
2021 27 AUG	£215,000	£191,320	12% above HPI
2004 28 JUL	£147,000	£106,381	38% above HPI
2002 17 MAY	£93,000	£67,343	38% above HPI

622 LONDON ROAD SOUTH Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Suffolk local authority area over time, sourced from the HPI. The three 622 LONDON ROAD SOUTH sales between May 2002 and August 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 July 2004 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the August 2021 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 622 LONDON ROAD SOUTH be worth now?

622 LONDON ROAD SOUTH might now be worth an estimated £239,066.

This is based on house price inflation of 11.2%, between August 2021 and July 2025, for terraced 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 11.2% inflationary increase is applied to the most recent sale price for 622 LONDON ROAD SOUTH of £215,000 on 27th August 2021. For the value to have increased from £215,000 to £239,066 over the four years and one month to July 2025, the following assumptions must hold true:

• The value of 622 LONDON ROAD SOUTH has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The August 2021 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 622 LONDON ROAD SOUTH has not materially changed since August 2021.

How Large is 622 LONDON ROAD SOUTH?

622 LONDON ROAD SOUTH is 126m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 30% of terraced houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lowestoft, and where 622 LONDON ROAD SOUTH lies on this distribution: 76% of terraced houses houses are smaller than 622 LONDON ROAD SOUTH, and 23% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

622 LONDON ROAD SOUTH: Plot and Title Map

622 LONDON ROAD SOUTH sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 622 LONDON ROAD SOUTH, 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 622 LONDON ROAD SOUTH). 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 622 LONDON ROAD SOUTH?

622 LONDON ROAD SOUTH is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 622 on LONDON ROAD SOUTH.