5, CHALMERS GREEN, CARLTON COLVILLE, LOWESTOFT, NR33 8FY - £275,000

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.

5 CHALMERS GREEN is a large detached house of 111m², built sometime between 2003 and 2006, which could now be worth an estimated £337,263. It was last sold for £275,000 in March 2018, which was around 19% below the average March 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

5 CHALMERS GREEN Sold Prices

Land registry data shows two sales for 5 CHALMERS GREEN 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 5 CHALMERS GREEN 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
2018 16 MAR	£275,000	£339,884	19% below HPI
2006 15 DEC	£220,000	£241,238	9% below HPI

5 CHALMERS GREEN 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 5 CHALMERS GREEN sales from December 2006 and March 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 December 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2018 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 5 CHALMERS GREEN be worth now?

5 CHALMERS GREEN might now be worth an estimated £337,263.

This is based on house price inflation of 22.6%, between March 2018 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 22.6% inflationary increase is applied to the most recent sale price for 5 CHALMERS GREEN of £275,000 on 16th March 2018. For the value to have increased from £275,000 to £337,263 over the six years and nine months to June 2025, the following assumptions must hold true:

• The value of 5 CHALMERS GREEN has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The March 2018 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHALMERS GREEN has not materially changed since March 2018.

How Large is 5 CHALMERS GREEN?

5 CHALMERS GREEN is 111m² according to the EPC inspection conducted in July 2009. This puts it in the largest 40% 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 5 CHALMERS GREEN lies on this distribution: 65% of detached houses houses are smaller than 5 CHALMERS GREEN, and 35% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

5 CHALMERS GREEN: Plot and Title Map

5 CHALMERS GREEN sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 5 CHALMERS GREEN, 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 5 CHALMERS GREEN). 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 5 CHALMERS GREEN?

5 CHALMERS GREEN is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 5 on CHALMERS GREEN.