47, SOMERLEYTON ROAD, LOWESTOFT, NR32 4RB - £200,000

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.

47 SOMERLEYTON ROAD is a very small extended terraced house of 72m², built sometime between 1930 and 1949, which could now be worth an estimated £247,711. It was last sold for £200,000 in August 2018, which was around 18% above the average August 2018 terraced price in the East Suffolk local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

47 SOMERLEYTON ROAD Sold Prices

Land registry data shows two sales for 47 SOMERLEYTON ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. Both of the two 47 SOMERLEYTON ROAD 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
2018 3 AUG	£200,000	£169,771	18% above HPI
1997 25 JUL	£40,950	£37,930	8% above HPI

47 SOMERLEYTON ROAD 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 two 47 SOMERLEYTON ROAD sales from July 1997 and August 2018 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 1997 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2018 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 47 SOMERLEYTON ROAD be worth now?

47 SOMERLEYTON ROAD might now be worth an estimated £247,711.

This is based on house price inflation of 23.9%, between August 2018 and June 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 23.9% inflationary increase is applied to the most recent sale price for 47 SOMERLEYTON ROAD of £200,000 on 3rd August 2018. For the value to have increased from £200,000 to £247,711 over the seven years and two months to June 2025, the following assumptions must hold true:

• The value of 47 SOMERLEYTON ROAD has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The August 2018 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 47 SOMERLEYTON ROAD has not materially changed since August 2018.

How Large is 47 SOMERLEYTON ROAD?

47 SOMERLEYTON ROAD is 72m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 20% 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 47 SOMERLEYTON ROAD lies on this distribution: 19% of terraced houses houses are smaller than 47 SOMERLEYTON ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

47 SOMERLEYTON ROAD: Plot and Title Map

47 SOMERLEYTON ROAD sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 47 SOMERLEYTON 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 47 SOMERLEYTON 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 47 SOMERLEYTON ROAD?

47 SOMERLEYTON ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 47 on SOMERLEYTON ROAD.