TARONGA, BROADLAND CLOSE, LOWESTOFT, NR33 8QZ - £327,500

TARONGA is a very large detached house of 158m², built sometime between 1967 and 1975. It was last sold for £327,500 in February 2021, which was around 14% below the average February 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2020, where the current energy rating was E, and the potential energy rating was C.

TARONGA Sold Prices

Land registry data shows three sales for TARONGA 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. One of the three TARONGA sales was for below the average price, whilst two 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 25 FEB	£327,500	£379,586	14% below HPI
2002 20 JUN	£175,000	£156,145	12% above HPI
1999 2 JUL	£100,000	£96,527	4% above HPI

TARONGA 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 TARONGA sales between July 1999 and February 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 June 2002 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is TARONGA?

TARONGA is 158m² according to the EPC inspection conducted in May 2020. This puts it in the largest 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 TARONGA lies on this distribution: 90% of detached houses are smaller than TARONGA, and 10% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

TARONGA: Plot and Title Map

TARONGA sits on a plot of roughly 0.163 of an acre, or 658m². The below map shows the location of TARONGA, 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 TARONGA). 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 TARONGA?

TARONGA is located on BROADLAND CLOSE in LOWESTOFT, in the NR33 postcode district. The below map shows the position of TARONGA on BROADLAND CLOSE.