17, THE TROSSACHS, OULTON, LOWESTOFT, NR32 3HP - £250,000

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.

17 THE TROSSACHS is a midsized extended detached house of 92m², built sometime between 1976 and 1982, which could now be worth an estimated £300,541. It was last sold for £250,000 in February 2019, which was around 29% below the average February 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was B.

17 THE TROSSACHS Sold Prices

Land registry data shows three sales for 17 THE TROSSACHS 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 17 THE TROSSACHS 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
2019 27 FEB	£250,000	£351,904	29% below HPI
1997 11 DEC	£69,995	£84,692	17% below HPI
1995 17 NOV	£59,950	£71,601	16% below HPI

17 THE TROSSACHS 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 17 THE TROSSACHS sales between November 1995 and February 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 December 1997 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2019 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 17 THE TROSSACHS be worth now?

17 THE TROSSACHS might now be worth an estimated £300,541.

This is based on house price inflation of 20.2%, between February 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 20.2% inflationary increase is applied to the most recent sale price for 17 THE TROSSACHS of £250,000 on 27th February 2019. For the value to have increased from £250,000 to £300,541 over the six years to February 2025, the following assumptions must hold true:

• The value of 17 THE TROSSACHS has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The February 2019 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 17 THE TROSSACHS has not materially changed since February 2019.

How Large is 17 THE TROSSACHS?

17 THE TROSSACHS is 92m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 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 17 THE TROSSACHS lies on this distribution: 45% of detached houses houses are smaller than 17 THE TROSSACHS, and 54% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

17 THE TROSSACHS: Plot and Title Map

17 THE TROSSACHS sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of 17 THE TROSSACHS, 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 17 THE TROSSACHS). 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 17 THE TROSSACHS?

17 THE TROSSACHS is located in OULTON, in the NR32 postcode district. The below map shows the position of No. 17 on THE TROSSACHS.