7, OLD FARM ROAD, CARLTON COLVILLE, LOWESTOFT, NR33 8RR - £270,000

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.

7 OLD FARM ROAD is a very large detached house of 134m², built sometime between 1976 and 1982, which could now be worth an estimated £420,403. It was last sold for £270,000 in May 2014, which was about the average May 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

7 OLD FARM ROAD Sold Prices

Land registry data shows four sales for 7 OLD FARM ROAD 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. The four 7 OLD FARM ROAD sales were a mix of roughly equal to the average price, and 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
2014 28 MAY	£270,000	£270,247	Close to HPI
2006 30 JUN	£238,000	£225,877	5% above HPI
1997 28 FEB	£87,000	£78,685	11% above HPI
1995 26 MAY	£97,500	£75,662	29% above HPI

7 OLD FARM 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 four 7 OLD FARM ROAD sales between May 1995 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 June 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2014 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 7 OLD FARM ROAD be worth now?

7 OLD FARM ROAD might now be worth an estimated £420,403.

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 7 OLD FARM ROAD of £270,000 on 28th May 2014. For the value to have increased from £270,000 to £420,403 over the ten years and ten months to July 2025, the following assumptions must hold true:

• The value of 7 OLD FARM ROAD has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The May 2014 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 7 OLD FARM ROAD has not materially changed since May 2014.

How Large is 7 OLD FARM ROAD?

7 OLD FARM ROAD is 134m² according to the EPC inspection conducted in September 2014. This puts it in the largest 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 7 OLD FARM ROAD lies on this distribution: 81% of detached houses houses are smaller than 7 OLD FARM ROAD, and 19% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

7 OLD FARM ROAD: Plot and Title Map

7 OLD FARM ROAD sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 7 OLD FARM 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 7 OLD FARM 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 7 OLD FARM ROAD?

7 OLD FARM ROAD is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 7 on OLD FARM ROAD.