7, SOTTERLEY ROAD, LOWESTOFT, NR32 4SE - £160,000

7 SOTTERLEY ROAD is a very small detached house of 52m², built sometime between 1967 and 1975. It was last sold for £160,000 in September 2023, which was around 65% below the average September 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

7 SOTTERLEY ROAD Sold Prices

Land registry data shows three sales for 7 SOTTERLEY ROAD 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. All of the three 7 SOTTERLEY 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
2023 29 SEP	£160,000	£455,443	65% below HPI
2003 30 OCT	£129,000	£197,051	35% below HPI
1999 21 JUN	£58,950	£93,324	37% below HPI

7 SOTTERLEY 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 three 7 SOTTERLEY ROAD sales between June 1999 and September 2023 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 October 2003 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2023 sale, where it falls to 65% below the HPI. The line then continues to track at 65% below the HPI.

How Large is 7 SOTTERLEY ROAD?

7 SOTTERLEY ROAD is 52m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% 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 SOTTERLEY ROAD lies on this distribution: 1% of detached houses are smaller than 7 SOTTERLEY ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

7 SOTTERLEY ROAD: Plot and Title Map

7 SOTTERLEY ROAD sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 7 SOTTERLEY 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 SOTTERLEY 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 SOTTERLEY ROAD?

7 SOTTERLEY ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 7 on SOTTERLEY ROAD.