18, BISHOPS WALK, LOWESTOFT, NR32 4JN - £258,000

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.

18 BISHOPS WALK is a very small detached house of 48m², built sometime between 1967 and 1975, which could now be worth an estimated £304,224. It was last sold for £258,000 in October 2018, which was around 28% below the average October 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

18 BISHOPS WALK Sold Prices

Land registry data shows two sales for 18 BISHOPS WALK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 18 BISHOPS WALK 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
2018 16 OCT	£258,000	£358,768	28% below HPI
2000 12 MAY	£86,500	£109,265	21% below HPI

18 BISHOPS WALK 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 two 18 BISHOPS WALK sales from May 2000 and October 2018 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 2000 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 18 BISHOPS WALK be worth now?

18 BISHOPS WALK might now be worth an estimated £304,224.

This is based on house price inflation of 17.9%, between October 2018 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 17.9% inflationary increase is applied to the most recent sale price for 18 BISHOPS WALK of £258,000 on 16th October 2018. For the value to have increased from £258,000 to £304,224 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 18 BISHOPS WALK has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2018 sale price of £258,000 represented a fair market value for the property.
• The size, condition, and specification of 18 BISHOPS WALK has not materially changed since October 2018.

How Large is 18 BISHOPS WALK?

18 BISHOPS WALK is 48m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 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 18 BISHOPS WALK lies on this distribution: 1% of detached houses houses are smaller than 18 BISHOPS WALK, and 99% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

18 BISHOPS WALK: Plot and Title Map

18 BISHOPS WALK sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 18 BISHOPS WALK, 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 18 BISHOPS WALK). 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 18 BISHOPS WALK?

18 BISHOPS WALK is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 18 on BISHOPS WALK.