8, COTSWOLD WAY, OULTON, LOWESTOFT, NR32 3HH - £179,000

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.

8 COTSWOLD WAY is a very small semi-detached house of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £233,496. It was last sold for £179,000 in April 2018, which was around 16% below the average April 2018 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

8 COTSWOLD WAY Sold Prices

Land registry data shows two sales for 8 COTSWOLD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 8 COTSWOLD WAY 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
2018 6 APR	£179,000	£213,922	16% below HPI
2006 7 JUN	£121,000	£149,046	19% below HPI

8 COTSWOLD WAY 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 two 8 COTSWOLD WAY sales from June 2006 and April 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 June 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2018 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 8 COTSWOLD WAY be worth now?

8 COTSWOLD WAY might now be worth an estimated £233,496.

This is based on house price inflation of 30.4%, between April 2018 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 30.4% inflationary increase is applied to the most recent sale price for 8 COTSWOLD WAY of £179,000 on 6th April 2018. For the value to have increased from £179,000 to £233,496 over the seven years and two months to February 2025, the following assumptions must hold true:

• The value of 8 COTSWOLD WAY has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The April 2018 sale price of £179,000 represented a fair market value for the property.
• The size, condition, and specification of 8 COTSWOLD WAY has not materially changed since April 2018.

How Large is 8 COTSWOLD WAY?

8 COTSWOLD WAY is 56m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% 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 8 COTSWOLD WAY lies on this distribution: 2% of semi-detached houses houses are smaller than 8 COTSWOLD WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

8 COTSWOLD WAY: Plot and Title Map

8 COTSWOLD WAY sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 8 COTSWOLD WAY, 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 8 COTSWOLD WAY). 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 8 COTSWOLD WAY?

8 COTSWOLD WAY is located in OULTON, in the NR32 postcode district. The below map shows the position of No. 8 on COTSWOLD WAY.