2, HIGH PATH, KESSINGLAND, LOWESTOFT, NR33 7RS - £130,000

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.

2 HIGH PATH is a very small extended terraced house of 67m², built sometime before 1900, which could now be worth an estimated £167,233. It was last sold for £130,000 in February 2018, which was around 20% below the average February 2018 terraced price in the East Suffolk local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

2 HIGH PATH Sold Prices

Land registry data shows four sales for 2 HIGH PATH since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. All of the four 2 HIGH PATH 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 19 FEB	£130,000	£163,094	20% below HPI
2016 2 MAR	£120,000	£147,000	18% below HPI
2000 24 AUG	£42,950	£51,463	17% below HPI
1995 2 FEB	£25,500	£36,220	30% below HPI

2 HIGH PATH Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Suffolk local authority area over time, sourced from the HPI. The four 2 HIGH PATH sales between February 1995 and February 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 March 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 HIGH PATH be worth now?

2 HIGH PATH might now be worth an estimated £167,233.

This is based on house price inflation of 28.6%, between February 2018 and April 2026, for terraced 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 28.6% inflationary increase is applied to the most recent sale price for 2 HIGH PATH of £130,000 on 19th February 2018. For the value to have increased from £130,000 to £167,233 over the seven years and ten months to April 2026, the following assumptions must hold true:

• The value of 2 HIGH PATH has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The February 2018 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HIGH PATH has not materially changed since February 2018.

How Large is 2 HIGH PATH?

2 HIGH PATH is 67m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of terraced houses houses in Kessingland, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Kessingland, and where 2 HIGH PATH lies on this distribution: 12% of terraced houses houses are smaller than 2 HIGH PATH, and 86% of houses are larger. Note that EPC data is not available for all properties in Kessingland.

2 HIGH PATH: Plot and Title Map

2 HIGH PATH sits on a plot of roughly 0.015 of an acre, or 59m². The below map shows the location of 2 HIGH PATH, 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 2 HIGH PATH). 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 2 HIGH PATH?

2 HIGH PATH is located in KESSINGLAND, in the NR33 postcode district. The below map shows the position of No. 2 on HIGH PATH.