14, THE PASTURES, LOWESTOFT, NR32 4WT - £187,000

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.

14 THE PASTURES is a large detached house of 127m², built sometime between 1996 and 2002, which could now be worth an estimated £315,176. It was last sold for £187,000 in May 2012, which was around 25% below the average May 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

14 THE PASTURES Sold Prices

Land registry data shows three sales for 14 THE PASTURES 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. All of the three 14 THE PASTURES 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
2012 14 MAY	£187,000	£251,001	25% below HPI
2011 20 MAY	£191,000	£250,596	24% below HPI
2002 31 OCT	£145,000	£171,256	15% below HPI

14 THE PASTURES 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 14 THE PASTURES sales between October 2002 and May 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 May 2011 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2012 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 14 THE PASTURES be worth now?

14 THE PASTURES might now be worth an estimated £315,176.

This is based on house price inflation of 68.5%, between May 2012 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 68.5% inflationary increase is applied to the most recent sale price for 14 THE PASTURES of £187,000 on 14th May 2012. For the value to have increased from £187,000 to £315,176 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of 14 THE PASTURES has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The May 2012 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 14 THE PASTURES has not materially changed since May 2012.

How Large is 14 THE PASTURES?

14 THE PASTURES is 127m² according to the EPC inspection conducted in April 2010. This puts it in the largest 30% 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 14 THE PASTURES lies on this distribution: 77% of detached houses houses are smaller than 14 THE PASTURES, and 23% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

14 THE PASTURES: Plot and Title Map

14 THE PASTURES sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 14 THE PASTURES, 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 14 THE PASTURES). 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 14 THE PASTURES?

14 THE PASTURES is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 14 on THE PASTURES.