18, THE FAIRWAY, LOWESTOFT, NR33 9JB - £159,000

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 THE FAIRWAY is a midsized extended detached house of 91m², built sometime between 1950 and 1966, which could now be worth an estimated £259,559. It was last sold for £159,000 in March 2014, which was around 39% below the average March 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2023, where the current energy rating was E, and the potential energy rating was C.

18 THE FAIRWAY Sold Prices

Land registry data shows two sales for 18 THE FAIRWAY 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 THE FAIRWAY 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 28 MAR	£159,000	£259,148	39% below HPI
2012 27 JUL	£148,995	£250,626	41% below HPI

18 THE FAIRWAY 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 THE FAIRWAY sales from July 2012 and March 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 July 2012 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2014 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 18 THE FAIRWAY be worth now?

18 THE FAIRWAY might now be worth an estimated £259,559.

This is based on house price inflation of 63.2%, between March 2014 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 63.2% inflationary increase is applied to the most recent sale price for 18 THE FAIRWAY of £159,000 on 28th March 2014. For the value to have increased from £159,000 to £259,559 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of 18 THE FAIRWAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The March 2014 sale price of £159,000 represented a fair market value for the property.
• The size, condition, and specification of 18 THE FAIRWAY has not materially changed since March 2014.

How Large is 18 THE FAIRWAY?

18 THE FAIRWAY is 91m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 50% 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 THE FAIRWAY lies on this distribution: 43% of detached houses houses are smaller than 18 THE FAIRWAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

18 THE FAIRWAY: Plot and Title Map

18 THE FAIRWAY sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 18 THE FAIRWAY, 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 THE FAIRWAY). 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 THE FAIRWAY?

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