38, GRAYSON AVENUE, PAKEFIELD, LOWESTOFT, NR33 7BB - £290,000

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.

38 GRAYSON AVENUE is a very large extended semi-detached house of 145m², built sometime between 1950 and 1966, which could now be worth an estimated £379,314. It was last sold for £290,000 in May 2017, which was around 39% above the average May 2017 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

38 GRAYSON AVENUE Sold Prices

Land registry data shows four sales for 38 GRAYSON AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. Most of the four 38 GRAYSON AVENUE sales were for above 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
2017 23 MAY	£290,000	£209,225	39% above HPI
2014 30 SEP	£240,000	£179,882	33% above HPI
2006 16 JUN	£162,000	£149,046	9% above HPI
1998 27 MAR	£39,000	£51,529	24% below HPI

38 GRAYSON AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The four 38 GRAYSON AVENUE sales between March 1998 and May 2017 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 September 2014 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the May 2017 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 38 GRAYSON AVENUE be worth now?

38 GRAYSON AVENUE might now be worth an estimated £379,314.

This is based on house price inflation of 30.8%, between May 2017 and July 2025, for semi-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 30.8% inflationary increase is applied to the most recent sale price for 38 GRAYSON AVENUE of £290,000 on 23rd May 2017. For the value to have increased from £290,000 to £379,314 over the seven years and ten months to July 2025, the following assumptions must hold true:

• The value of 38 GRAYSON AVENUE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The May 2017 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 38 GRAYSON AVENUE has not materially changed since May 2017.

How Large is 38 GRAYSON AVENUE?

38 GRAYSON AVENUE is 145m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 20% of semi-detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lowestoft, and where 38 GRAYSON AVENUE lies on this distribution: 86% of semi-detached houses houses are smaller than 38 GRAYSON AVENUE, and 14% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

38 GRAYSON AVENUE: Plot and Title Map

38 GRAYSON AVENUE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 38 GRAYSON AVENUE, 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 38 GRAYSON AVENUE). 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 38 GRAYSON AVENUE?

38 GRAYSON AVENUE is located in PAKEFIELD, in the NR33 postcode district. The below map shows the position of No. 38 on GRAYSON AVENUE.