16, CHEDGRAVE ROAD, LOWESTOFT, NR33 9DZ - £197,000

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.

16 CHEDGRAVE ROAD is a very small extended semi-detached house of 62m², built sometime between 1967 and 1975, which could now be worth an estimated £224,288. It was last sold for £197,000 in February 2021, which was around 18% below the average February 2021 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

16 CHEDGRAVE ROAD Sold Prices

Land registry data shows two sales for 16 CHEDGRAVE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 16 CHEDGRAVE ROAD 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
2021 18 FEB	£197,000	£240,367	18% below HPI
2017 7 AUG	£155,000	£214,432	28% below HPI

16 CHEDGRAVE ROAD 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 two 16 CHEDGRAVE ROAD sales from August 2017 and February 2021 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 August 2017 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 16 CHEDGRAVE ROAD be worth now?

16 CHEDGRAVE ROAD might now be worth an estimated £224,288.

This is based on house price inflation of 13.9%, between February 2021 and July 2025, 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 13.9% inflationary increase is applied to the most recent sale price for 16 CHEDGRAVE ROAD of £197,000 on 18th February 2021. For the value to have increased from £197,000 to £224,288 over the three years and seven months to July 2025, the following assumptions must hold true:

• The value of 16 CHEDGRAVE ROAD has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The February 2021 sale price of £197,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CHEDGRAVE ROAD has not materially changed since February 2021.

How Large is 16 CHEDGRAVE ROAD?

16 CHEDGRAVE ROAD is 62m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% 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 16 CHEDGRAVE ROAD lies on this distribution: 8% of semi-detached houses houses are smaller than 16 CHEDGRAVE ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

16 CHEDGRAVE ROAD: Plot and Title Map

16 CHEDGRAVE ROAD sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 16 CHEDGRAVE ROAD, 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 16 CHEDGRAVE ROAD). 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 16 CHEDGRAVE ROAD?

16 CHEDGRAVE ROAD is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 16 on CHEDGRAVE ROAD.