1, THE WEALD, OULTON, LOWESTOFT, NR32 3HN - £125,000

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.

1 THE WEALD is a very large extended detached house of 162m², built sometime between 1976 and 1982, which could now be worth an estimated £343,473. It was last sold for £125,000 in May 2002, which was around 18% below the average May 2002 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2024, where the current energy rating was B, and the potential energy rating was B.

1 THE WEALD Sold Prices

Land registry data shows two sales for 1 THE WEALD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 1 THE WEALD 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
2002 8 MAY	£125,000	£153,137	18% below HPI
1999 9 DEC	£96,000	£102,241	6% below HPI

1 THE WEALD 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 two 1 THE WEALD sales from December 1999 and May 2002 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 December 1999 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2002 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 1 THE WEALD be worth now?

1 THE WEALD might now be worth an estimated £343,473.

This is based on house price inflation of 174.8%, between May 2002 and July 2025, for detached 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 174.8% inflationary increase is applied to the most recent sale price for 1 THE WEALD of £125,000 on 8th May 2002. For the value to have increased from £125,000 to £343,473 over the 22 years and ten months to July 2025, the following assumptions must hold true:

• The value of 1 THE WEALD has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The May 2002 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE WEALD has not materially changed since May 2002.

How Large is 1 THE WEALD?

1 THE WEALD is 162m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the largest 10% of detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowestoft, and where 1 THE WEALD lies on this distribution: 91% of detached houses houses are smaller than 1 THE WEALD, and 9% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1 THE WEALD: Plot and Title Map

1 THE WEALD sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 1 THE WEALD, 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 1 THE WEALD). 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 1 THE WEALD?

1 THE WEALD is located in OULTON, in the NR32 postcode district. The below map shows the position of No. 1 on THE WEALD.