8, SWALLOWFIELDS, CARLTON COLVILLE, LOWESTOFT, NR33 8TP - £250,000

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

8 SWALLOWFIELDS is a small extended detached house of 85m², built sometime between 1991 and 1995. It was last sold for £250,000 in March 2021, which was around 33% below the average March 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

8 SWALLOWFIELDS Sold Prices

Land registry data shows two sales for 8 SWALLOWFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 8 SWALLOWFIELDS 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
2021 19 MAR	£250,000	£371,419	33% below HPI
1999 9 DEC	£74,000	£102,225	28% below HPI

8 SWALLOWFIELDS 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 two 8 SWALLOWFIELDS sales from December 1999 and March 2021 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 December 1999 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 8 SWALLOWFIELDS?

8 SWALLOWFIELDS is 85m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 8 SWALLOWFIELDS lies on this distribution: 37% of detached houses are smaller than 8 SWALLOWFIELDS, and 62% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

8 SWALLOWFIELDS: Plot and Title Map

8 SWALLOWFIELDS sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 8 SWALLOWFIELDS, 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 SWALLOWFIELDS). 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 SWALLOWFIELDS?

8 SWALLOWFIELDS is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 8 on SWALLOWFIELDS.