15, CHARTER WAY, LOWESTOFT, NR33 8UT - £135,000

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 CHARTER WAY is a small semi-detached house of 82m², built sometime between 1991 and 1995, which could now be worth an estimated £233,031. It was last sold for £135,000 in August 2006, which was around 13% below the average August 2006 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

15 CHARTER WAY Sold Prices

Land registry data shows three sales for 15 CHARTER WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. Two of the three 15 CHARTER WAY sales were for below the average price, whilst one was for above 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
2006 29 AUG	£135,000	£154,905	13% below HPI
2004 11 MAR	£117,995	£130,068	9% below HPI
1996 23 DEC	£58,350	£48,402	21% above HPI

15 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 three 15 CHARTER WAY sales between December 1996 and August 2006 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 March 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2006 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 15 CHARTER WAY be worth now?

15 CHARTER WAY might now be worth an estimated £233,031.

This is based on house price inflation of 72.6%, between August 2006 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 72.6% inflationary increase is applied to the most recent sale price for 15 CHARTER WAY of £135,000 on 29th August 2006. For the value to have increased from £135,000 to £233,031 over the twenty years and three months to May 2026, the following assumptions must hold true:

• The value of 15 CHARTER WAY has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The August 2006 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CHARTER WAY has not materially changed since August 2006.

How Large is 15 CHARTER WAY?

15 CHARTER WAY is 82m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 40% 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 15 CHARTER WAY lies on this distribution: 33% of semi-detached houses houses are smaller than 15 CHARTER WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

15 CHARTER WAY: Plot and Title Map

15 CHARTER WAY sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 15 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 15 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 15 CHARTER WAY?

15 CHARTER WAY is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 15 on CHARTER WAY.