11, SMITH CRESCENT, KESSINGLAND, LOWESTOFT, NR33 7TZ - £105,000

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 SMITH CRESCENT is a small terraced house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £159,823. It was last sold for £105,000 in August 2014, which was around 23% below the average August 2014 terraced price in the East Suffolk local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

11 SMITH CRESCENT Sold Prices

Land registry data shows two sales for 11 SMITH CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. Both of the two 11 SMITH CRESCENT 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
2014 8 AUG	£105,000	£135,749	23% below HPI
2003 31 OCT	£85,000	£90,677	6% below HPI

11 SMITH CRESCENT Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Suffolk local authority area over time, sourced from the HPI. The two 11 SMITH CRESCENT sales from October 2003 and August 2014 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 October 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 11 SMITH CRESCENT be worth now?

11 SMITH CRESCENT might now be worth an estimated £159,823.

This is based on house price inflation of 52.2%, between August 2014 and May 2026, for terraced 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 52.2% inflationary increase is applied to the most recent sale price for 11 SMITH CRESCENT of £105,000 on 8th August 2014. For the value to have increased from £105,000 to £159,823 over the twelve years and three months to May 2026, the following assumptions must hold true:

• The value of 11 SMITH CRESCENT has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The August 2014 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 11 SMITH CRESCENT has not materially changed since August 2014.

How Large is 11 SMITH CRESCENT?

11 SMITH CRESCENT is 75m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 30% of terraced houses houses in Kessingland, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Kessingland, and where 11 SMITH CRESCENT lies on this distribution: 23% of terraced houses houses are smaller than 11 SMITH CRESCENT, and 74% of houses are larger. Note that EPC data is not available for all properties in Kessingland.

11 SMITH CRESCENT: Plot and Title Map

11 SMITH CRESCENT sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 11 SMITH CRESCENT, 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 SMITH CRESCENT). 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 SMITH CRESCENT?

11 SMITH CRESCENT is located in KESSINGLAND, in the NR33 postcode district. The below map shows the position of No. 11 on SMITH CRESCENT.