9, PROSPECT ROAD, LOWESTOFT, NR32 3PT - £250,000

9 PROSPECT ROAD is a midsized detached house of 100m², built sometime between 1976 and 1982. It was last sold for £250,000 in January 2012, which was around 4% below the average January 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

9 PROSPECT ROAD Sold Prices

Land registry data shows three sales for 9 PROSPECT 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. Two of the three 9 PROSPECT ROAD sales were for below the average price, whilst one was 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
2012 4 JAN	£250,000	£260,137	4% below HPI
2004 1 APR	£85,000	£207,942	59% below HPI
1996 11 DEC	£83,000	£77,874	7% above HPI

9 PROSPECT 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 9 PROSPECT ROAD sales between December 1996 and January 2012 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 2004 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the January 2012 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 9 PROSPECT ROAD?

9 PROSPECT ROAD is 100m² according to the EPC inspection conducted in August 2011. This puts it in the largest 50% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 9 PROSPECT ROAD lies on this distribution: 53% of detached houses are smaller than 9 PROSPECT ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

9 PROSPECT ROAD: Plot and Title Map

9 PROSPECT ROAD sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of 9 PROSPECT 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 9 PROSPECT 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 9 PROSPECT ROAD?

9 PROSPECT ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 9 on PROSPECT ROAD.