15, SWALLOWFIELDS, CARLTON COLVILLE, LOWESTOFT, NR33 8TP - £327,000

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 SWALLOWFIELDS is a very large detached house of 161m², built sometime between 1996 and 2002, which could now be worth an estimated £370,686. It was last sold for £327,000 in October 2020, which was around 12% below the average October 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

15 SWALLOWFIELDS Sold Prices

Land registry data shows three sales for 15 SWALLOWFIELDS 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 15 SWALLOWFIELDS 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
2020 23 OCT	£327,000	£373,189	12% below HPI
2016 4 NOV	£289,995	£323,678	10% below HPI
2001 21 DEC	£142,000	£143,312	1% below HPI

15 SWALLOWFIELDS 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 15 SWALLOWFIELDS sales between December 2001 and October 2020 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 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 15 SWALLOWFIELDS be worth now?

15 SWALLOWFIELDS might now be worth an estimated £370,686.

This is based on house price inflation of 13.4%, between October 2020 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 13.4% inflationary increase is applied to the most recent sale price for 15 SWALLOWFIELDS of £327,000 on 23rd October 2020. For the value to have increased from £327,000 to £370,686 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 SWALLOWFIELDS has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2020 sale price of £327,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SWALLOWFIELDS has not materially changed since October 2020.

How Large is 15 SWALLOWFIELDS?

15 SWALLOWFIELDS is 161m² according to the EPC inspection conducted in August 2016. This puts it in the largest 10% 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 SWALLOWFIELDS lies on this distribution: 91% of detached houses houses are smaller than 15 SWALLOWFIELDS, and 9% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

15 SWALLOWFIELDS: Plot and Title Map

15 SWALLOWFIELDS sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 15 SWALLOWFIELDS, 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 SWALLOWFIELDS). 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 SWALLOWFIELDS?

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