73, PARK ROAD, LOWESTOFT, NR32 1SP - £200,000

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.

73 PARK ROAD is a large extended terraced house of 119m², built sometime before 1900, which could now be worth an estimated £225,165. It was last sold for £200,000 in November 2020, which was around 7% above the average November 2020 terraced price in the East Suffolk local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

73 PARK ROAD Sold Prices

Land registry data shows two sales for 73 PARK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. One of the two 73 PARK ROAD sales was for above the average price, whilst the other was 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
2020 19 NOV	£200,000	£186,771	7% above HPI
2013 12 APR	£118,000	£122,117	3% below HPI

73 PARK ROAD 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 two 73 PARK ROAD sales from April 2013 and November 2020 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 2013 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2020 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 73 PARK ROAD be worth now?

73 PARK ROAD might now be worth an estimated £225,165.

This is based on house price inflation of 12.6%, between November 2020 and June 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 12.6% inflationary increase is applied to the most recent sale price for 73 PARK ROAD of £200,000 on 19th November 2020. For the value to have increased from £200,000 to £225,165 over the five years and five months to June 2025, the following assumptions must hold true:

• The value of 73 PARK ROAD has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The November 2020 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 73 PARK ROAD has not materially changed since November 2020.

How Large is 73 PARK ROAD?

73 PARK ROAD is 119m², which includes two extensions, according to the EPC inspection conducted in September 2010. 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 73 PARK ROAD lies on this distribution: 71% of terraced houses houses are smaller than 73 PARK ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

73 PARK ROAD: Plot and Title Map

73 PARK ROAD sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 73 PARK 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 73 PARK 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 73 PARK ROAD?

73 PARK ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 73 on PARK ROAD.