7, FLORA ROAD, LOWESTOFT, NR33 7JA - £146,000

7 FLORA ROAD is a very small extended detached house of 64m², built sometime between 1930 and 1949. It was last sold for £146,000 in February 2013, which was around 41% below the average February 2013 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

7 FLORA ROAD Sold Prices

Land registry data shows four sales for 7 FLORA ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 7 FLORA 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
2013 19 FEB	£146,000	£248,967	41% below HPI
2012 26 APR	£147,500	£247,845	40% below HPI
2007 31 JAN	£142,995	£244,439	42% below HPI
1999 10 MAY	£59,000	£91,995	36% below HPI

7 FLORA 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 four 7 FLORA ROAD sales between May 1999 and February 2013 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 April 2012 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the February 2013 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 7 FLORA ROAD?

7 FLORA ROAD is 64m², which includes one extension, according to the EPC inspection conducted in March 2010. 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 7 FLORA ROAD lies on this distribution: 11% of detached houses are smaller than 7 FLORA ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

7 FLORA ROAD: Plot and Title Map

7 FLORA ROAD sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 7 FLORA 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 7 FLORA 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 7 FLORA ROAD?

7 FLORA ROAD is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 7 on FLORA ROAD.