4, THE SHIRES, LOWESTOFT, NR32 5EX - £285,000

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.

4 THE SHIRES is a very large detached house of 159m², built sometime between 1983 and 1990, which could now be worth an estimated £468,376. It was last sold for £285,000 in October 2011, which was around 12% above the average October 2011 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

4 THE SHIRES Sold Prices

Land registry data shows two sales for 4 THE SHIRES 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 4 THE SHIRES 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
2011 20 OCT	£285,000	£253,639	12% above HPI
2005 26 SEP	£245,000	£229,024	7% above HPI

4 THE SHIRES 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 4 THE SHIRES sales from September 2005 and October 2011 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 2005 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2011 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 4 THE SHIRES be worth now?

4 THE SHIRES might now be worth an estimated £468,376.

This is based on house price inflation of 64.3%, between October 2011 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 64.3% inflationary increase is applied to the most recent sale price for 4 THE SHIRES of £285,000 on 20th October 2011. For the value to have increased from £285,000 to £468,376 over the fourteen years and four months to June 2025, the following assumptions must hold true:

• The value of 4 THE SHIRES has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2011 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE SHIRES has not materially changed since October 2011.

How Large is 4 THE SHIRES?

4 THE SHIRES is 159m² according to the EPC inspection conducted in June 2011. This puts it in the largest 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 4 THE SHIRES lies on this distribution: 91% of detached houses houses are smaller than 4 THE SHIRES, and 9% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

4 THE SHIRES: Plot and Title Map

4 THE SHIRES sits on a plot of roughly 0.213 of an acre, or 864m². The below map shows the location of 4 THE SHIRES, 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 4 THE SHIRES). 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 4 THE SHIRES?

4 THE SHIRES is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 4 on THE SHIRES.