15, FORDSON WAY, CARLTON COLVILLE, LOWESTOFT, NR33 8GN - £277,500

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.

15 FORDSON WAY is a midsized detached house of 89m², built sometime between 2003 and 2006, which could now be worth an estimated £388,449. It was last sold for £277,500 in October 2015, which was around 8% below the average October 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

15 FORDSON WAY Sold Prices

Land registry data shows two sales for 15 FORDSON 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 FORDSON 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 27 OCT	£277,500	£302,215	8% below HPI
2003 21 NOV	£179,950	£200,305	10% below HPI

15 FORDSON 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 FORDSON WAY sales from November 2003 and October 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 November 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2015 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 15 FORDSON WAY be worth now?

15 FORDSON WAY might now be worth an estimated £388,449.

This is based on house price inflation of 40%, between October 2015 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 40% inflationary increase is applied to the most recent sale price for 15 FORDSON WAY of £277,500 on 27th October 2015. For the value to have increased from £277,500 to £388,449 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 FORDSON WAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2015 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 15 FORDSON WAY has not materially changed since October 2015.

How Large is 15 FORDSON WAY?

15 FORDSON WAY is 89m² according to the EPC inspection conducted in October 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 15 FORDSON WAY lies on this distribution: 42% of detached houses houses are smaller than 15 FORDSON WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

15 FORDSON WAY: Plot and Title Map

15 FORDSON WAY sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of 15 FORDSON 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 FORDSON 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 FORDSON WAY?

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