11, CHARTER WAY, LOWESTOFT, NR33 8UT - £130,000

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.

11 CHARTER WAY is a small semi-detached house of 78m², built sometime between 1991 and 1995, which could now be worth an estimated £235,184. It was last sold for £130,000 in February 2009, which was around 12% below the average February 2009 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

11 CHARTER WAY Sold Prices

Land registry data shows six sales for 11 CHARTER WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. Most of the six 11 CHARTER 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
2009 27 FEB	£130,000	£147,802	12% below HPI
2005 13 MAY	£129,000	£141,495	9% below HPI
2004 23 APR	£127,000	£133,688	5% below HPI
2001 31 JAN	£62,500	£74,279	16% below HPI
1998 26 OCT	£46,500	£55,260	16% below HPI
1997 14 MAR	£58,350	£48,850	19% above HPI

11 CHARTER 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 six 11 CHARTER WAY sales between March 1997 and February 2009 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 May 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2009 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 11 CHARTER WAY be worth now?

11 CHARTER WAY might now be worth an estimated £235,184.

This is based on house price inflation of 80.9%, between February 2009 and May 2026, 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 80.9% inflationary increase is applied to the most recent sale price for 11 CHARTER WAY of £130,000 on 27th February 2009. For the value to have increased from £130,000 to £235,184 over the sixteen years and nine months to May 2026, the following assumptions must hold true:

• The value of 11 CHARTER WAY has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The February 2009 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 11 CHARTER WAY has not materially changed since February 2009.

How Large is 11 CHARTER WAY?

11 CHARTER WAY is 78m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 30% 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 11 CHARTER WAY lies on this distribution: 27% of semi-detached houses houses are smaller than 11 CHARTER WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

11 CHARTER WAY: Plot and Title Map

11 CHARTER WAY sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 11 CHARTER 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 11 CHARTER 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 11 CHARTER WAY?

11 CHARTER WAY is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 11 on CHARTER WAY.