17, SAFFRON SQUARE, LOWESTOFT, NR33 7DZ - £160,000

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.

17 SAFFRON SQUARE is a small detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £240,906. It was last sold for £160,000 in August 2014, which was around 42% below the average August 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

17 SAFFRON SQUARE Sold Prices

Land registry data shows three sales for 17 SAFFRON SQUARE 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 17 SAFFRON SQUARE 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
2014 19 AUG	£160,000	£276,846	42% below HPI
2007 15 JUN	£168,000	£245,376	32% below HPI
2005 26 AUG	£119,995	£225,784	47% below HPI

17 SAFFRON SQUARE 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 17 SAFFRON SQUARE sales between August 2005 and August 2014 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 June 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2014 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 17 SAFFRON SQUARE be worth now?

17 SAFFRON SQUARE might now be worth an estimated £240,906.

This is based on house price inflation of 50.6%, between August 2014 and June 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 50.6% inflationary increase is applied to the most recent sale price for 17 SAFFRON SQUARE of £160,000 on 19th August 2014. For the value to have increased from £160,000 to £240,906 over the eleven years and two months to June 2025, the following assumptions must hold true:

• The value of 17 SAFFRON SQUARE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The August 2014 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 17 SAFFRON SQUARE has not materially changed since August 2014.

How Large is 17 SAFFRON SQUARE?

17 SAFFRON SQUARE is 78m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% 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 17 SAFFRON SQUARE lies on this distribution: 28% of detached houses houses are smaller than 17 SAFFRON SQUARE, and 71% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

17 SAFFRON SQUARE: Plot and Title Map

17 SAFFRON SQUARE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 17 SAFFRON SQUARE, 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 17 SAFFRON SQUARE). 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 17 SAFFRON SQUARE?

17 SAFFRON SQUARE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 17 on SAFFRON SQUARE.