46, HERITAGE GREEN, KESSINGLAND, LOWESTOFT, NR33 7UP - £398,000

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.

46 HERITAGE GREEN is a very large detached house of 243m², built sometime between 1983 and 1990, which could now be worth an estimated £488,523. It was last sold for £398,000 in February 2018, which was around 15% above the average February 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was C.

46 HERITAGE GREEN Sold Prices

Land registry data shows four sales for 46 HERITAGE GREEN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Most of the four 46 HERITAGE GREEN sales were for above 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
2018 22 FEB	£398,000	£344,656	15% above HPI
2012 24 FEB	£231,000	£258,002	10% below HPI
2006 13 OCT	£280,000	£237,597	18% above HPI
2003 21 AUG	£800,000	£190,076	321% above HPI

46 HERITAGE GREEN 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 four 46 HERITAGE GREEN sales between August 2003 and February 2018 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 February 2012 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2018 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 46 HERITAGE GREEN be worth now?

46 HERITAGE GREEN might now be worth an estimated £488,523.

This is based on house price inflation of 22.7%, between February 2018 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 22.7% inflationary increase is applied to the most recent sale price for 46 HERITAGE GREEN of £398,000 on 22nd February 2018. For the value to have increased from £398,000 to £488,523 over the seven years to February 2025, the following assumptions must hold true:

• The value of 46 HERITAGE GREEN has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The February 2018 sale price of £398,000 represented a fair market value for the property.
• The size, condition, and specification of 46 HERITAGE GREEN has not materially changed since February 2018.

How Large is 46 HERITAGE GREEN?

46 HERITAGE GREEN is 243m² according to the EPC inspection conducted in July 2017. This puts it in the largest 10% of detached houses houses in Kessingland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kessingland, and where 46 HERITAGE GREEN lies on this distribution: 96% of detached houses houses are smaller than 46 HERITAGE GREEN, and 4% of houses are larger. Note that EPC data is not available for all properties in Kessingland.

46 HERITAGE GREEN: Plot and Title Map

46 HERITAGE GREEN sits on a plot of roughly 0.209 of an acre, or 847m². The below map shows the location of 46 HERITAGE GREEN, 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 46 HERITAGE GREEN). 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 46 HERITAGE GREEN?

46 HERITAGE GREEN is located in KESSINGLAND, in the NR33 postcode district. The below map shows the position of No. 46 on HERITAGE GREEN.