18, SMITHS WALK, LOWESTOFT, NR33 8QN - £137,500

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 SMITHS WALK is a very small semi-detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £214,611. It was last sold for £137,500 in June 2014, which was around 21% below the average June 2014 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

18 SMITHS WALK Sold Prices

Land registry data shows three sales for 18 SMITHS WALK 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. Two of the three 18 SMITHS WALK sales were for below the average price, whilst one was 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
2014 6 JUN	£137,500	£174,596	21% below HPI
2003 31 OCT	£125,000	£124,254	1% above HPI
2001 24 JAN	£67,500	£74,279	9% below HPI

18 SMITHS WALK 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 18 SMITHS WALK sales between January 2001 and June 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 October 2003 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2014 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 18 SMITHS WALK be worth now?

18 SMITHS WALK might now be worth an estimated £214,611.

This is based on house price inflation of 56.1%, between June 2014 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 56.1% inflationary increase is applied to the most recent sale price for 18 SMITHS WALK of £137,500 on 6th June 2014. For the value to have increased from £137,500 to £214,611 over the eleven years to June 2025, the following assumptions must hold true:

• The value of 18 SMITHS WALK has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The June 2014 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of 18 SMITHS WALK has not materially changed since June 2014.

How Large is 18 SMITHS WALK?

18 SMITHS WALK is 69m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 20% 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 18 SMITHS WALK lies on this distribution: 15% of semi-detached houses houses are smaller than 18 SMITHS WALK, and 84% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

18 SMITHS WALK: Plot and Title Map

18 SMITHS WALK sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 18 SMITHS 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 SMITHS 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 SMITHS WALK?

18 SMITHS WALK is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 18 on SMITHS WALK.