16, IREX ROAD, LOWESTOFT, NR33 7BU - £185,000

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.

16 IREX ROAD is a midsized extended detached house of 101m², built sometime between 1967 and 1975, which could now be worth an estimated £307,500. It was last sold for £185,000 in June 2012, which was around 27% below the average June 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

16 IREX ROAD Sold Prices

Land registry data shows two sales for 16 IREX 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 16 IREX 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
2012 29 JUN	£185,000	£253,157	27% below HPI
2000 11 APR	£87,500	£105,016	17% below HPI

16 IREX 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 16 IREX ROAD sales from April 2000 and June 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 April 2000 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2012 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 16 IREX ROAD be worth now?

16 IREX ROAD might now be worth an estimated £307,500.

This is based on house price inflation of 66.2%, between June 2012 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 66.2% inflationary increase is applied to the most recent sale price for 16 IREX ROAD of £185,000 on 29th June 2012. For the value to have increased from £185,000 to £307,500 over the twelve years and eleven months to July 2025, the following assumptions must hold true:

• The value of 16 IREX ROAD has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The June 2012 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 16 IREX ROAD has not materially changed since June 2012.

How Large is 16 IREX ROAD?

16 IREX ROAD is 101m², which includes two extensions, according to the EPC inspection conducted in October 2011. 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 16 IREX ROAD lies on this distribution: 56% of detached houses houses are smaller than 16 IREX ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

16 IREX ROAD: Plot and Title Map

16 IREX ROAD sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 16 IREX 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 16 IREX 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 16 IREX ROAD?

16 IREX ROAD is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 16 on IREX ROAD.