12, MARSHAMS PIECE, LOWESTOFT, NR33 8UJ - £207,500

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.

12 MARSHAMS PIECE is a small extended detached house of 81m², built sometime between 1991 and 1995, which could now be worth an estimated £247,138. It was last sold for £207,500 in December 2019, which was around 42% below the average December 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

12 MARSHAMS PIECE Sold Prices

Land registry data shows three sales for 12 MARSHAMS PIECE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 12 MARSHAMS PIECE 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
2019 13 DEC	£207,500	£355,195	42% below HPI
2009 30 SEP	£134,950	£233,827	42% below HPI
1997 4 AUG	£63,500	£83,690	24% below HPI

12 MARSHAMS PIECE 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 three 12 MARSHAMS PIECE sales between August 1997 and December 2019 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 September 2009 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2019 sale, which was also at 42% below the HPI.

What might 12 MARSHAMS PIECE be worth now?

12 MARSHAMS PIECE might now be worth an estimated £247,138.

This is based on house price inflation of 19.1%, between December 2019 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 19.1% inflationary increase is applied to the most recent sale price for 12 MARSHAMS PIECE of £207,500 on 13th December 2019. For the value to have increased from £207,500 to £247,138 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 12 MARSHAMS PIECE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The December 2019 sale price of £207,500 represented a fair market value for the property.
• The size, condition, and specification of 12 MARSHAMS PIECE has not materially changed since December 2019.

How Large is 12 MARSHAMS PIECE?

12 MARSHAMS PIECE is 81m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 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 12 MARSHAMS PIECE lies on this distribution: 32% of detached houses houses are smaller than 12 MARSHAMS PIECE, and 67% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

12 MARSHAMS PIECE: Plot and Title Map

12 MARSHAMS PIECE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 12 MARSHAMS PIECE, 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 12 MARSHAMS PIECE). 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 12 MARSHAMS PIECE?

12 MARSHAMS PIECE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 12 on MARSHAMS PIECE.