44, CRANESBILL ROAD, LOWESTOFT, NR33 7ED - £175,000

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.

44 CRANESBILL ROAD is a very small semi-detached house of 48m², built sometime between 1967 and 1975, which could now be worth an estimated £213,046. It was last sold for £175,000 in January 2020, which was around 24% below the average January 2020 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

44 CRANESBILL ROAD Sold Prices

Land registry data shows three sales for 44 CRANESBILL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 44 CRANESBILL 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
2020 30 JAN	£175,000	£229,217	24% below HPI
2010 5 NOV	£119,500	£162,209	26% below HPI
2002 19 AUG	£82,995	£98,139	15% below HPI

44 CRANESBILL ROAD 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 three 44 CRANESBILL ROAD sales between August 2002 and January 2020 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 November 2010 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2020 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 44 CRANESBILL ROAD be worth now?

44 CRANESBILL ROAD might now be worth an estimated £213,046.

This is based on house price inflation of 21.7%, between January 2020 and February 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 21.7% inflationary increase is applied to the most recent sale price for 44 CRANESBILL ROAD of £175,000 on 30th January 2020. For the value to have increased from £175,000 to £213,046 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 44 CRANESBILL ROAD has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The January 2020 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 44 CRANESBILL ROAD has not materially changed since January 2020.

How Large is 44 CRANESBILL ROAD?

44 CRANESBILL ROAD is 48m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% 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 44 CRANESBILL ROAD lies on this distribution: 1% of semi-detached houses houses are smaller than 44 CRANESBILL ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

44 CRANESBILL ROAD: Plot and Title Map

44 CRANESBILL ROAD sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 44 CRANESBILL 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 44 CRANESBILL 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 44 CRANESBILL ROAD?

44 CRANESBILL ROAD is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 44 on CRANESBILL ROAD.