41A, GILPIN ROAD, LOWESTOFT, NR32 3NS - £149,500

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

41A GILPIN ROAD is a very small detached house of 68m², built sometime from 2007 onwards, which could now be worth an estimated £249,263. It was last sold for £149,500 in October 2012, which was around 41% below the average October 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

41A GILPIN ROAD Sold Prices

Land registry data shows two sales for 41A GILPIN 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 41A GILPIN 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
2012 15 OCT	£149,500	£253,730	41% below HPI
2011 28 JUN	£90,000	£253,529	65% below HPI

41A GILPIN 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 41A GILPIN ROAD sales from June 2011 and October 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 June 2011 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the October 2012 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 41A GILPIN ROAD be worth now?

41A GILPIN ROAD might now be worth an estimated £249,263.

This is based on house price inflation of 66.7%, between October 2012 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 66.7% inflationary increase is applied to the most recent sale price for 41A GILPIN ROAD of £149,500 on 15th October 2012. For the value to have increased from £149,500 to £249,263 over the thirteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 41A GILPIN ROAD has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2012 sale price of £149,500 represented a fair market value for the property.
• The size, condition, and specification of 41A GILPIN ROAD has not materially changed since October 2012.

How Large is 41A GILPIN ROAD?

41A GILPIN ROAD is 68m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 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 41A GILPIN ROAD lies on this distribution: 14% of detached houses houses are smaller than 41A GILPIN ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

41A GILPIN ROAD: Plot and Title Map

41A GILPIN ROAD sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 41A GILPIN 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 41A GILPIN 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 41A GILPIN ROAD?

41A GILPIN ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 41A on GILPIN ROAD.