122, PAKEFIELD STREET, LOWESTOFT, NR33 0JS - £395,000

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.

122 PAKEFIELD STREET is a very large detached house of 174m², built sometime between 1983 and 1990, which could now be worth an estimated £478,223. It was last sold for £395,000 in July 2019, which was around 13% above the average July 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

122 PAKEFIELD STREET Sold Prices

Land registry data shows two sales for 122 PAKEFIELD STREET 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 122 PAKEFIELD STREET sales 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
2019 15 JUL	£395,000	£349,425	13% above HPI
2006 16 OCT	£293,000	£237,597	23% above HPI

122 PAKEFIELD STREET 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 122 PAKEFIELD STREET sales from October 2006 and July 2019 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 2006 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2019 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 122 PAKEFIELD STREET be worth now?

122 PAKEFIELD STREET might now be worth an estimated £478,223.

This is based on house price inflation of 21.1%, between July 2019 and February 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 21.1% inflationary increase is applied to the most recent sale price for 122 PAKEFIELD STREET of £395,000 on 15th July 2019. For the value to have increased from £395,000 to £478,223 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 122 PAKEFIELD STREET has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The July 2019 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 122 PAKEFIELD STREET has not materially changed since July 2019.

How Large is 122 PAKEFIELD STREET?

122 PAKEFIELD STREET is 174m² according to the EPC inspection conducted in May 2017. 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 122 PAKEFIELD STREET lies on this distribution: 94% of detached houses houses are smaller than 122 PAKEFIELD STREET, and 6% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

122 PAKEFIELD STREET: Plot and Title Map

122 PAKEFIELD STREET sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of 122 PAKEFIELD STREET, 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 122 PAKEFIELD STREET). 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 122 PAKEFIELD STREET?

122 PAKEFIELD STREET is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 122 on PAKEFIELD STREET.