3, NELSON ROAD, PAKEFIELD, LOWESTOFT, NR33 7AN - £195,000

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.

3 NELSON ROAD is a small detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £235,166. It was last sold for £195,000 in May 2020, which was around 44% below the average May 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

3 NELSON ROAD Sold Prices

Land registry data shows two sales for 3 NELSON 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 3 NELSON 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
2020 18 MAY	£195,000	£348,918	44% below HPI
2000 12 MAY	£57,500	£109,265	47% below HPI

3 NELSON 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 3 NELSON ROAD sales from May 2000 and May 2020 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 May 2000 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the May 2020 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 3 NELSON ROAD be worth now?

3 NELSON ROAD might now be worth an estimated £235,166.

This is based on house price inflation of 20.6%, between May 2020 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 20.6% inflationary increase is applied to the most recent sale price for 3 NELSON ROAD of £195,000 on 18th May 2020. For the value to have increased from £195,000 to £235,166 over the four years and ten months to July 2025, the following assumptions must hold true:

• The value of 3 NELSON ROAD has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The May 2020 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NELSON ROAD has not materially changed since May 2020.

How Large is 3 NELSON ROAD?

3 NELSON ROAD is 77m² according to the EPC inspection conducted in March 2019. 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 3 NELSON ROAD lies on this distribution: 26% of detached houses houses are smaller than 3 NELSON ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

3 NELSON ROAD: Plot and Title Map

3 NELSON ROAD sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 3 NELSON 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 3 NELSON 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 3 NELSON ROAD?

3 NELSON ROAD is located in PAKEFIELD, in the NR33 postcode district. The below map shows the position of No. 3 on NELSON ROAD.