44, OULTON STREET, OULTON, LOWESTOFT, NR32 3BB - £150,000

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 OULTON STREET is a very small terraced house of 45m², built sometime before 1900, which could now be worth an estimated £182,862. It was last sold for £150,000 in June 2020, which was around 14% below the average June 2020 terraced price in the East Suffolk local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was A.

44 OULTON STREET Sold Prices

Land registry data shows five sales for 44 OULTON STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. Most of the five 44 OULTON STREET 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 8 JUN	£150,000	£174,505	14% below HPI
2019 10 MAY	£143,000	£168,200	15% below HPI
2016 19 FEB	£93,000	£145,210	36% below HPI
2006 22 MAY	£128,000	£112,720	14% above HPI
2002 12 AUG	£54,000	£70,244	23% below HPI

44 OULTON STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Suffolk local authority area over time, sourced from the HPI. The five 44 OULTON STREET sales between August 2002 and June 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 May 2019 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 44 OULTON STREET be worth now?

44 OULTON STREET might now be worth an estimated £182,862.

This is based on house price inflation of 21.9%, between June 2020 and July 2025, for terraced 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 21.9% inflationary increase is applied to the most recent sale price for 44 OULTON STREET of £150,000 on 8th June 2020. For the value to have increased from £150,000 to £182,862 over the four years and eleven months to July 2025, the following assumptions must hold true:

• The value of 44 OULTON STREET has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The June 2020 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 44 OULTON STREET has not materially changed since June 2020.

How Large is 44 OULTON STREET?

44 OULTON STREET is 45m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% of terraced houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lowestoft, and where 44 OULTON STREET lies on this distribution: Less than 1% of terraced houses houses are smaller than 44 OULTON STREET, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

44 OULTON STREET: Plot and Title Map

44 OULTON STREET sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 44 OULTON STREET, 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 OULTON STREET). 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 OULTON STREET?

44 OULTON STREET is located in OULTON, in the NR32 postcode district. The below map shows the position of No. 44 on OULTON STREET.