2, CHESTNUT CRESCENT, CARLTON COLVILLE, LOWESTOFT, NR33 8BQ - £137,500

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.

2 CHESTNUT CRESCENT is a small detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £222,381. It was last sold for £137,500 in January 2012, which was around 47% below the average January 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

2 CHESTNUT CRESCENT Sold Prices

Land registry data shows three sales for 2 CHESTNUT CRESCENT 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 2 CHESTNUT CRESCENT 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 13 JAN	£137,500	£260,177	47% below HPI
2006 30 NOV	£144,995	£241,177	40% below HPI
1996 23 AUG	£57,500	£73,819	22% below HPI

2 CHESTNUT CRESCENT 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 2 CHESTNUT CRESCENT sales between August 1996 and January 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 November 2006 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2012 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 2 CHESTNUT CRESCENT be worth now?

2 CHESTNUT CRESCENT might now be worth an estimated £222,381.

This is based on house price inflation of 61.7%, between January 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 61.7% inflationary increase is applied to the most recent sale price for 2 CHESTNUT CRESCENT of £137,500 on 13th January 2012. For the value to have increased from £137,500 to £222,381 over the twelve years and six months to July 2025, the following assumptions must hold true:

• The value of 2 CHESTNUT CRESCENT has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The January 2012 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of 2 CHESTNUT CRESCENT has not materially changed since January 2012.

How Large is 2 CHESTNUT CRESCENT?

2 CHESTNUT CRESCENT is 73m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 30% 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 2 CHESTNUT CRESCENT lies on this distribution: 20% of detached houses houses are smaller than 2 CHESTNUT CRESCENT, and 80% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 CHESTNUT CRESCENT: Plot and Title Map

2 CHESTNUT CRESCENT sits on a plot of roughly 0.133 of an acre, or 539m². The below map shows the location of 2 CHESTNUT CRESCENT, 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 2 CHESTNUT CRESCENT). 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 2 CHESTNUT CRESCENT?

2 CHESTNUT CRESCENT is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 2 on CHESTNUT CRESCENT.