16, OULTON STREET, OULTON, LOWESTOFT, NR32 3BB - £289,995

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 OULTON STREET is a large extended detached house of 109m², built sometime between 1967 and 1975, which could now be worth an estimated £342,768. It was last sold for £289,995 in August 2018, which was around 19% below the average August 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

16 OULTON STREET Sold Prices

Land registry data shows two sales for 16 OULTON 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 16 OULTON STREET 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
2018 3 AUG	£289,995	£357,913	19% below HPI
2000 19 JAN	£92,500	£104,089	11% below HPI

16 OULTON 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 16 OULTON STREET sales from January 2000 and August 2018 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 January 2000 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2018 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 16 OULTON STREET be worth now?

16 OULTON STREET might now be worth an estimated £342,768.

This is based on house price inflation of 18.2%, between August 2018 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 18.2% inflationary increase is applied to the most recent sale price for 16 OULTON STREET of £289,995 on 3rd August 2018. For the value to have increased from £289,995 to £342,768 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 16 OULTON STREET has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The August 2018 sale price of £289,995 represented a fair market value for the property.
• The size, condition, and specification of 16 OULTON STREET has not materially changed since August 2018.

How Large is 16 OULTON STREET?

16 OULTON STREET is 109m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 40% 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 OULTON STREET lies on this distribution: 62% of detached houses houses are smaller than 16 OULTON STREET, and 37% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

16 OULTON STREET: Plot and Title Map

16 OULTON STREET sits on a plot of roughly 0.195 of an acre, or 790m². The below map shows the location of 16 OULTON 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 16 OULTON 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 16 OULTON STREET?

16 OULTON STREET is located in OULTON, in the NR32 postcode district. The below map shows the position of No. 16 on OULTON STREET.