16, THE FIRS, CARLTON COLVILLE, LOWESTOFT, NR33 8BE - £175,000

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 THE FIRS is a very small semi-detached house of 43m², built sometime between 1950 and 1966, which could now be worth an estimated £183,568. It was last sold for £175,000 in January 2022, which was around 33% below the average January 2022 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

16 THE FIRS Sold Prices

Land registry data shows three sales for 16 THE FIRS 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. All of the three 16 THE FIRS 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
2022 19 JAN	£175,000	£259,792	33% below HPI
2012 8 MAY	£82,000	£160,700	49% below HPI
2001 17 AUG	£44,495	£81,203	45% below HPI

16 THE FIRS 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 16 THE FIRS sales between August 2001 and January 2022 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 May 2012 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the January 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 16 THE FIRS be worth now?

16 THE FIRS might now be worth an estimated £183,568.

This is based on house price inflation of 4.9%, between January 2022 and June 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 4.9% inflationary increase is applied to the most recent sale price for 16 THE FIRS of £175,000 on 19th January 2022. For the value to have increased from £175,000 to £183,568 over the two years and seven months to June 2025, the following assumptions must hold true:

• The value of 16 THE FIRS has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The January 2022 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 16 THE FIRS has not materially changed since January 2022.

How Large is 16 THE FIRS?

16 THE FIRS is 43m² according to the EPC inspection conducted in July 2021. 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 THE FIRS lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 16 THE FIRS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

16 THE FIRS: Plot and Title Map

16 THE FIRS sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 16 THE FIRS, 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 THE FIRS). 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 THE FIRS?

16 THE FIRS is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 16 on THE FIRS.