KOLME, IREX ROAD, LOWESTOFT, NR33 7BU - £430,000

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.

KOLME is a large extended detached house of 112m², built sometime between 1967 and 1975, which could now be worth an estimated £431,774. It was last sold for £430,000 in February 2025, which was around 3% above the average February 2025 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

KOLME Sold Prices

Land registry data shows two sales for KOLME 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. One of the two KOLME sales was for above the average price, whilst the other was 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
2025 14 FEB	£430,000	£419,059	3% above HPI
2021 19 NOV	£325,000	£403,030	19% below HPI

KOLME 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 KOLME sales from November 2021 and February 2025 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 November 2021 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2025 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might KOLME be worth now?

KOLME might now be worth an estimated £431,774.

This is based on house price inflation of 0.4%, between February 2025 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 0.4% inflationary increase is applied to the most recent sale price for KOLME of £430,000 on 14th February 2025. For the value to have increased from £430,000 to £431,774 over the seven months to July 2025, the following assumptions must hold true:

• The value of KOLME has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The February 2025 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of KOLME has not materially changed since February 2025.

How Large is KOLME?

KOLME is 112m², which includes two extensions, according to the EPC inspection conducted in January 2024. This puts it in the largest 40% 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 KOLME lies on this distribution: 66% of detached houses houses are smaller than KOLME, and 33% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

KOLME: Plot and Title Map

KOLME sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of KOLME, 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 KOLME). 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 KOLME?

KOLME is located on IREX ROAD in LOWESTOFT, in the NR33 postcode district. The below map shows the position of KOLME on IREX ROAD.