12, MILNES WAY, CARLTON COLVILLE, LOWESTOFT, NR33 8GJ - £195,000

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.

12 MILNES WAY is a midsized extended detached house of 90m², built sometime between 1991 and 1995, which could now be worth an estimated £285,635. It was last sold for £195,000 in March 2015, which was around 31% below the average March 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

12 MILNES WAY Sold Prices

Land registry data shows two sales for 12 MILNES 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 12 MILNES 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 20 MAR	£195,000	£284,570	31% below HPI
2003 30 APR	£127,950	£185,131	31% below HPI

12 MILNES 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 12 MILNES WAY sales from April 2003 and March 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 April 2003 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2015 sale, which was also at 31% below the HPI.

What might 12 MILNES WAY be worth now?

12 MILNES WAY might now be worth an estimated £285,635.

This is based on house price inflation of 46.5%, between March 2015 and June 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 46.5% inflationary increase is applied to the most recent sale price for 12 MILNES WAY of £195,000 on 20th March 2015. For the value to have increased from £195,000 to £285,635 over the nine years and nine months to June 2025, the following assumptions must hold true:

• The value of 12 MILNES WAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The March 2015 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MILNES WAY has not materially changed since March 2015.

How Large is 12 MILNES WAY?

12 MILNES WAY is 90m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 50% 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 MILNES WAY lies on this distribution: 42% of detached houses houses are smaller than 12 MILNES WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

12 MILNES WAY: Plot and Title Map

12 MILNES WAY sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 12 MILNES 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 12 MILNES 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 12 MILNES WAY?

12 MILNES WAY is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 12 on MILNES WAY.