51, PAKEFIELD STREET, LOWESTOFT, NR33 0JS - £249,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

51 PAKEFIELD STREET is a very small extended detached house of 64m², built sometime between 1950 and 1966. It was last sold for £249,950 in July 2017, which was around 25% below the average July 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

51 PAKEFIELD STREET Sold Prices

Land registry data shows three sales for 51 PAKEFIELD STREET 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 51 PAKEFIELD STREET 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
2017 27 JUL	£249,950	£333,760	25% below HPI
2013 31 OCT	£180,000	£266,648	32% below HPI
2010 12 JUL	£149,000	£254,374	41% below HPI

51 PAKEFIELD STREET 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 51 PAKEFIELD STREET sales between July 2010 and July 2017 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 October 2013 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2017 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 51 PAKEFIELD STREET?

51 PAKEFIELD STREET is 64m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 51 PAKEFIELD STREET lies on this distribution: 9% of detached houses are smaller than 51 PAKEFIELD STREET, and 90% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

51 PAKEFIELD STREET: Plot and Title Map

51 PAKEFIELD STREET sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 51 PAKEFIELD STREET, 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 51 PAKEFIELD STREET). 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 51 PAKEFIELD STREET?

51 PAKEFIELD STREET is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 51 on PAKEFIELD STREET.