10, HOBART WAY, LOWESTOFT, NR32 3BW - £161,500

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.

10 HOBART WAY is a very small extended detached house of 65m², built sometime between 1983 and 1990, which could now be worth an estimated £228,796. It was last sold for £161,500 in August 2015, which was around 46% below the average August 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

10 HOBART WAY Sold Prices

Land registry data shows two sales for 10 HOBART WAY 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 10 HOBART 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
2015 18 AUG	£161,500	£298,615	46% below HPI
2013 6 AUG	£140,000	£263,248	47% below HPI

10 HOBART WAY 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 10 HOBART WAY sales from August 2013 and August 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 August 2013 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the August 2015 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 10 HOBART WAY be worth now?

10 HOBART WAY might now be worth an estimated £228,796.

This is based on house price inflation of 41.7%, between August 2015 and February 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 41.7% inflationary increase is applied to the most recent sale price for 10 HOBART WAY of £161,500 on 18th August 2015. For the value to have increased from £161,500 to £228,796 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 10 HOBART WAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The August 2015 sale price of £161,500 represented a fair market value for the property.
• The size, condition, and specification of 10 HOBART WAY has not materially changed since August 2015.

How Large is 10 HOBART WAY?

10 HOBART WAY is 65m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 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 10 HOBART WAY lies on this distribution: 11% of detached houses houses are smaller than 10 HOBART WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

10 HOBART WAY: Plot and Title Map

10 HOBART WAY sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 10 HOBART 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 10 HOBART 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 10 HOBART WAY?

10 HOBART WAY is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 10 on HOBART WAY.