23, SAFFRON SQUARE, LOWESTOFT, NR33 7DZ - £134,000

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.

23 SAFFRON SQUARE is a very small detached house of 61m², built sometime between 1967 and 1975, which could now be worth an estimated £219,549. It was last sold for £134,000 in July 2010, which was around 47% below the average July 2010 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was E.

23 SAFFRON SQUARE Sold Prices

Land registry data shows two sales for 23 SAFFRON SQUARE 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 23 SAFFRON SQUARE 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
2010 23 JUL	£134,000	£254,413	47% below HPI
2009 30 JUN	£106,000	£222,768	52% below HPI

23 SAFFRON SQUARE 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 23 SAFFRON SQUARE sales from June 2009 and July 2010 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 June 2009 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the July 2010 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 23 SAFFRON SQUARE be worth now?

23 SAFFRON SQUARE might now be worth an estimated £219,549.

This is based on house price inflation of 63.8%, between July 2010 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 63.8% inflationary increase is applied to the most recent sale price for 23 SAFFRON SQUARE of £134,000 on 23rd July 2010. For the value to have increased from £134,000 to £219,549 over the fifteen years and one month to June 2025, the following assumptions must hold true:

• The value of 23 SAFFRON SQUARE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The July 2010 sale price of £134,000 represented a fair market value for the property.
• The size, condition, and specification of 23 SAFFRON SQUARE has not materially changed since July 2010.

How Large is 23 SAFFRON SQUARE?

23 SAFFRON SQUARE is 61m² according to the EPC inspection conducted in March 2009. 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 23 SAFFRON SQUARE lies on this distribution: 7% of detached houses houses are smaller than 23 SAFFRON SQUARE, and 93% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

23 SAFFRON SQUARE: Plot and Title Map

23 SAFFRON SQUARE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 23 SAFFRON SQUARE, 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 23 SAFFRON SQUARE). 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 23 SAFFRON SQUARE?

23 SAFFRON SQUARE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 23 on SAFFRON SQUARE.