58, CHESTNUT AVENUE, LOWESTOFT, NR32 3JB - £169,950

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.

58 CHESTNUT AVENUE is a small extended semi-detached house of 76m², built sometime between 1930 and 1949, which could now be worth an estimated £263,085. It was last sold for £169,950 in March 2015, which was around 6% below the average March 2015 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

58 CHESTNUT AVENUE Sold Prices

Land registry data shows four sales for 58 CHESTNUT AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 58 CHESTNUT AVENUE 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
2015 17 MAR	£169,950	£180,263	6% below HPI
2012 25 JAN	£162,000	£165,671	2% below HPI
2008 18 MAR	£120,500	£168,001	28% below HPI
2002 17 MAY	£74,500	£93,934	21% below HPI

58 CHESTNUT AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The four 58 CHESTNUT AVENUE sales between May 2002 and March 2015 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 January 2012 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2015 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 58 CHESTNUT AVENUE be worth now?

58 CHESTNUT AVENUE might now be worth an estimated £263,085.

This is based on house price inflation of 54.8%, between March 2015 and February 2025, for semi-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 54.8% inflationary increase is applied to the most recent sale price for 58 CHESTNUT AVENUE of £169,950 on 17th March 2015. For the value to have increased from £169,950 to £263,085 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of 58 CHESTNUT AVENUE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The March 2015 sale price of £169,950 represented a fair market value for the property.
• The size, condition, and specification of 58 CHESTNUT AVENUE has not materially changed since March 2015.

How Large is 58 CHESTNUT AVENUE?

58 CHESTNUT AVENUE is 76m², which includes two extensions, according to the EPC inspection conducted in August 2011. This puts it in the smallest 30% of semi-detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lowestoft, and where 58 CHESTNUT AVENUE lies on this distribution: 25% of semi-detached houses houses are smaller than 58 CHESTNUT AVENUE, and 75% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

58 CHESTNUT AVENUE: Plot and Title Map

58 CHESTNUT AVENUE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 58 CHESTNUT AVENUE, 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 58 CHESTNUT AVENUE). 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 58 CHESTNUT AVENUE?

58 CHESTNUT AVENUE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 58 on CHESTNUT AVENUE.