15, AVELING WAY, CARLTON COLVILLE, LOWESTOFT, NR33 8BU - £223,000

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.

15 AVELING WAY is a midsized detached house of 96m², built sometime between 2003 and 2006, which could now be worth an estimated £387,708. It was last sold for £223,000 in December 2009, which was around 7% below the average December 2009 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.

15 AVELING WAY Sold Prices

Land registry data shows two sales for 15 AVELING 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 15 AVELING 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 14 DEC	£223,000	£239,754	7% below HPI
2004 27 SEP	£193,950	£222,224	13% below HPI

15 AVELING 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 15 AVELING WAY sales from September 2004 and December 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 September 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2009 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 15 AVELING WAY be worth now?

15 AVELING WAY might now be worth an estimated £387,708.

This is based on house price inflation of 73.9%, between December 2009 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 73.9% inflationary increase is applied to the most recent sale price for 15 AVELING WAY of £223,000 on 14th December 2009. For the value to have increased from £223,000 to £387,708 over the sixteen years and six months to June 2025, the following assumptions must hold true:

• The value of 15 AVELING WAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The December 2009 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of 15 AVELING WAY has not materially changed since December 2009.

How Large is 15 AVELING WAY?

15 AVELING WAY is 96m² according to the EPC inspection conducted in October 2008. 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 15 AVELING WAY lies on this distribution: 49% of detached houses houses are smaller than 15 AVELING WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

15 AVELING WAY: Plot and Title Map

15 AVELING WAY sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 15 AVELING 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 15 AVELING 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 15 AVELING WAY?

15 AVELING WAY is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 15 on AVELING WAY.