18, GRAMPIAN WAY, OULTON, LOWESTOFT, NR32 3EW - £117,995

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

18 GRAMPIAN WAY is a large extended detached house of 132m², built sometime between 1950 and 1966, which could now be worth an estimated £386,722. It was last sold for £117,995 in June 2001, which was around 9% below the average June 2001 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

18 GRAMPIAN WAY Sold Prices

Land registry data shows two sales for 18 GRAMPIAN WAY 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 18 GRAMPIAN WAY 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
2001 8 JUN	£117,995	£129,078	9% below HPI
1995 28 JUL	£53,500	£75,223	29% below HPI

18 GRAMPIAN WAY 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 18 GRAMPIAN WAY sales from July 1995 and June 2001 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 July 1995 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2001 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 18 GRAMPIAN WAY be worth now?

18 GRAMPIAN WAY might now be worth an estimated £386,722.

This is based on house price inflation of 227.7%, between June 2001 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 227.7% inflationary increase is applied to the most recent sale price for 18 GRAMPIAN WAY of £117,995 on 8th June 2001. For the value to have increased from £117,995 to £386,722 over the 24 years and four months to February 2025, the following assumptions must hold true:

• The value of 18 GRAMPIAN WAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The June 2001 sale price of £117,995 represented a fair market value for the property.
• The size, condition, and specification of 18 GRAMPIAN WAY has not materially changed since June 2001.

How Large is 18 GRAMPIAN WAY?

18 GRAMPIAN WAY is 132m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 20% 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 18 GRAMPIAN WAY lies on this distribution: 80% of detached houses houses are smaller than 18 GRAMPIAN WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

18 GRAMPIAN WAY: Plot and Title Map

18 GRAMPIAN WAY sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 18 GRAMPIAN WAY, 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 18 GRAMPIAN WAY). 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 18 GRAMPIAN WAY?

18 GRAMPIAN WAY is located in OULTON, in the NR32 postcode district. The below map shows the position of No. 18 on GRAMPIAN WAY.