2, THE FIRS, CARLTON COLVILLE, LOWESTOFT, NR33 8BE - £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.

2 THE FIRS is a very small extended detached house of 59m², built sometime between 1967 and 1975, which could now be worth an estimated £217,140. It was last sold for £137,500 in September 2013, which was around 48% below the average September 2013 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

2 THE FIRS Sold Prices

Land registry data shows two sales for 2 THE FIRS 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 2 THE FIRS 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
2013 5 SEP	£137,500	£263,955	48% below HPI
2011 21 OCT	£130,000	£253,639	49% below HPI

2 THE FIRS 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 2 THE FIRS sales from October 2011 and September 2013 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 2011 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the September 2013 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 2 THE FIRS be worth now?

2 THE FIRS might now be worth an estimated £217,140.

This is based on house price inflation of 57.9%, between September 2013 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 57.9% inflationary increase is applied to the most recent sale price for 2 THE FIRS of £137,500 on 5th September 2013. For the value to have increased from £137,500 to £217,140 over the twelve years and three months to June 2025, the following assumptions must hold true:

• The value of 2 THE FIRS has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The September 2013 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of 2 THE FIRS has not materially changed since September 2013.

How Large is 2 THE FIRS?

2 THE FIRS is 59m², which includes one extension, according to the EPC inspection conducted in November 2012. 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 2 THE FIRS lies on this distribution: 4% of detached houses houses are smaller than 2 THE FIRS, and 95% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 THE FIRS: Plot and Title Map

2 THE FIRS sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 2 THE FIRS, 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 THE FIRS). 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 THE FIRS?

2 THE FIRS is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 2 on THE FIRS.