3, RUSHLAKE WAY, CARLTON COLVILLE, LOWESTOFT, NR33 8SA - £245,000

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.

3 RUSHLAKE WAY is a very large extended detached house of 145m², built sometime between 1983 and 1990, which could now be worth an estimated £296,585. It was last sold for £245,000 in September 2019, which was around 30% below the average September 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

3 RUSHLAKE WAY Sold Prices

Land registry data shows three sales for 3 RUSHLAKE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 3 RUSHLAKE WAY 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
2019 13 SEP	£245,000	£349,466	30% below HPI
2010 21 JUL	£145,000	£254,413	43% below HPI
2001 29 MAY	£74,995	£129,359	42% below HPI

3 RUSHLAKE WAY 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 three 3 RUSHLAKE WAY sales between May 2001 and September 2019 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 2010 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2019 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 3 RUSHLAKE WAY be worth now?

3 RUSHLAKE WAY might now be worth an estimated £296,585.

This is based on house price inflation of 21.1%, between September 2019 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 21.1% inflationary increase is applied to the most recent sale price for 3 RUSHLAKE WAY of £245,000 on 13th September 2019. For the value to have increased from £245,000 to £296,585 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 RUSHLAKE WAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The September 2019 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RUSHLAKE WAY has not materially changed since September 2019.

How Large is 3 RUSHLAKE WAY?

3 RUSHLAKE WAY is 145m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 20% 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 3 RUSHLAKE WAY lies on this distribution: 86% of detached houses houses are smaller than 3 RUSHLAKE WAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

3 RUSHLAKE WAY: Plot and Title Map

3 RUSHLAKE WAY sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 3 RUSHLAKE WAY, 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 3 RUSHLAKE WAY). 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 3 RUSHLAKE WAY?

3 RUSHLAKE WAY is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 3 on RUSHLAKE WAY.