2, WELLINGTON ROAD, LOWESTOFT, NR33 7AL - £145,000

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 WELLINGTON ROAD is a midsized terraced house of 91m², built sometime between 1900 and 1929, which could now be worth an estimated £204,058. It was last sold for £145,000 in July 2016, which was around 4% below the average July 2016 terraced price in the East Suffolk local authority area. The most recent EPC inspection was December 2011, where the current energy rating was E, and the potential energy rating was E.

2 WELLINGTON ROAD Sold Prices

Land registry data shows three sales for 2 WELLINGTON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. All of the three 2 WELLINGTON ROAD 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
2016 20 JUL	£145,000	£151,166	4% below HPI
2014 23 MAY	£124,950	£131,761	5% below HPI
2012 30 MAR	£103,000	£123,213	16% below HPI

2 WELLINGTON ROAD 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 three 2 WELLINGTON ROAD sales between March 2012 and July 2016 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 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2016 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 2 WELLINGTON ROAD be worth now?

2 WELLINGTON ROAD might now be worth an estimated £204,058.

This is based on house price inflation of 40.7%, between July 2016 and July 2025, 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 40.7% inflationary increase is applied to the most recent sale price for 2 WELLINGTON ROAD of £145,000 on 20th July 2016. For the value to have increased from £145,000 to £204,058 over the nine years to July 2025, the following assumptions must hold true:

• The value of 2 WELLINGTON ROAD has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The July 2016 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WELLINGTON ROAD has not materially changed since July 2016.

How Large is 2 WELLINGTON ROAD?

2 WELLINGTON ROAD is 91m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 50% of terraced houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lowestoft, and where 2 WELLINGTON ROAD lies on this distribution: 43% of terraced houses houses are smaller than 2 WELLINGTON ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 WELLINGTON ROAD: Plot and Title Map

2 WELLINGTON ROAD sits on a plot of roughly 0.033 of an acre, or 134m². The below map shows the location of 2 WELLINGTON ROAD, 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 WELLINGTON ROAD). 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 WELLINGTON ROAD?

2 WELLINGTON ROAD is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 2 on WELLINGTON ROAD.