16, PAKEFIELD ROAD, LOWESTOFT, NR33 0HS - £275,000

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 PAKEFIELD ROAD is a large extended terraced house of 127m², built sometime before 1900, which could now be worth an estimated £294,599. It was last sold for £275,000 in October 2021, which was around 40% above the average October 2021 terraced price in the East Suffolk local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was C.

16 PAKEFIELD ROAD Sold Prices

Land registry data shows six sales for 16 PAKEFIELD ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. All of the six 16 PAKEFIELD ROAD sales were 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
2021 21 OCT	£275,000	£196,282	40% above HPI
2018 20 APR	£198,000	£161,550	23% above HPI
2016 5 AUG	£200,000	£154,488	29% above HPI
2011 24 OCT	£165,000	£122,370	35% above HPI
2006 16 JUN	£169,995	£116,218	46% above HPI
1997 25 NOV	£50,000	£37,928	32% above HPI

16 PAKEFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Suffolk local authority area over time, sourced from the HPI. The six 16 PAKEFIELD ROAD sales between November 1997 and October 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 April 2018 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the October 2021 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 16 PAKEFIELD ROAD be worth now?

16 PAKEFIELD ROAD might now be worth an estimated £294,599.

This is based on house price inflation of 7.1%, between October 2021 and June 2025, for terraced 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 7.1% inflationary increase is applied to the most recent sale price for 16 PAKEFIELD ROAD of £275,000 on 21st October 2021. For the value to have increased from £275,000 to £294,599 over the four years and four months to June 2025, the following assumptions must hold true:

• The value of 16 PAKEFIELD ROAD has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The October 2021 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PAKEFIELD ROAD has not materially changed since October 2021.

How Large is 16 PAKEFIELD ROAD?

16 PAKEFIELD ROAD is 127m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 30% of terraced houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lowestoft, and where 16 PAKEFIELD ROAD lies on this distribution: 77% of terraced houses houses are smaller than 16 PAKEFIELD ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

16 PAKEFIELD ROAD: Plot and Title Map

16 PAKEFIELD ROAD sits on a plot of roughly 0.035 of an acre, or 143m². The below map shows the location of 16 PAKEFIELD 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 PAKEFIELD 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 PAKEFIELD ROAD?

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