15, MENDIP ROAD, OULTON, LOWESTOFT, NR32 3HJ - £169,995

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 MENDIP ROAD is a midsized extended detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £216,273. It was last sold for £169,995 in October 2016, which was around 48% below the average October 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

15 MENDIP ROAD Sold Prices

Land registry data shows two sales for 15 MENDIP ROAD 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 15 MENDIP ROAD 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
2016 31 OCT	£169,995	£324,537	48% below HPI
1998 11 DEC	£51,250	£91,075	44% below HPI

15 MENDIP 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 two 15 MENDIP ROAD sales from December 1998 and October 2016 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 1998 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the October 2016 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 15 MENDIP ROAD be worth now?

15 MENDIP ROAD might now be worth an estimated £216,273.

This is based on house price inflation of 27.2%, between October 2016 and December 2024, 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 27.2% inflationary increase is applied to the most recent sale price for 15 MENDIP ROAD of £169,995 on 31st October 2016. For the value to have increased from £169,995 to £216,273 over the seven years and ten months to December 2024, the following assumptions must hold true:

• The value of 15 MENDIP ROAD has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2016 sale price of £169,995 represented a fair market value for the property.
• The size, condition, and specification of 15 MENDIP ROAD has not materially changed since October 2016.

How Large is 15 MENDIP ROAD?

15 MENDIP ROAD is 102m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the largest 50% 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 15 MENDIP ROAD lies on this distribution: 56% of detached houses houses are smaller than 15 MENDIP ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

15 MENDIP ROAD: Plot and Title Map

15 MENDIP ROAD sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 15 MENDIP 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 15 MENDIP 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 15 MENDIP ROAD?

15 MENDIP ROAD is located in OULTON, in the NR32 postcode district. The below map shows the position of No. 15 on MENDIP ROAD.