318, OULTON ROAD NORTH, LOWESTOFT, NR32 4QL - £152,376

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.

318 OULTON ROAD NORTH is a very small detached house of 62m², built sometime between 1950 and 1966, which could now be worth an estimated £237,257. It was last sold for £152,376 in May 2014, which was around 44% below the average May 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

318 OULTON ROAD NORTH Sold Prices

Land registry data shows two sales for 318 OULTON ROAD NORTH 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 318 OULTON ROAD NORTH 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
2014 23 MAY	£152,376	£270,247	44% below HPI
2007 11 SEP	£180,000	£266,416	32% below HPI

318 OULTON ROAD NORTH 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 318 OULTON ROAD NORTH sales from September 2007 and May 2014 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 September 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2014 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 318 OULTON ROAD NORTH be worth now?

318 OULTON ROAD NORTH might now be worth an estimated £237,257.

This is based on house price inflation of 55.7%, between May 2014 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 55.7% inflationary increase is applied to the most recent sale price for 318 OULTON ROAD NORTH of £152,376 on 23rd May 2014. For the value to have increased from £152,376 to £237,257 over the ten years and ten months to July 2025, the following assumptions must hold true:

• The value of 318 OULTON ROAD NORTH has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The May 2014 sale price of £152,376 represented a fair market value for the property.
• The size, condition, and specification of 318 OULTON ROAD NORTH has not materially changed since May 2014.

How Large is 318 OULTON ROAD NORTH?

318 OULTON ROAD NORTH is 62m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% 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 318 OULTON ROAD NORTH lies on this distribution: 8% of detached houses houses are smaller than 318 OULTON ROAD NORTH, and 92% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

318 OULTON ROAD NORTH: Plot and Title Map

318 OULTON ROAD NORTH sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of 318 OULTON ROAD NORTH, 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 318 OULTON ROAD NORTH). 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 318 OULTON ROAD NORTH?

318 OULTON ROAD NORTH is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 318 on OULTON ROAD NORTH.