50, LAUREL ROAD, LOWESTOFT, NR33 0NG - £312,500

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.

50 LAUREL ROAD is a midsized extended semi-detached house of 98m², built sometime between 1930 and 1949, which could now be worth an estimated £299,415. It was last sold for £312,500 in August 2022, which was around 12% above the average August 2022 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

50 LAUREL ROAD Sold Prices

Land registry data shows three sales for 50 LAUREL 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. One of the three 50 LAUREL ROAD sales was for above the average price, whilst two 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
2022 18 AUG	£312,500	£279,075	12% above HPI
2018 18 DEC	£205,000	£226,368	9% below HPI
1999 6 MAY	£54,000	£56,735	5% below HPI

50 LAUREL 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 50 LAUREL ROAD sales between May 1999 and August 2022 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 2018 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2022 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 50 LAUREL ROAD be worth now?

50 LAUREL ROAD might now be worth an estimated £299,415.

This is based on house price deflation of 4.2%, between August 2022 and May 2026, 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 4.2% deflationary decrease is applied to the most recent sale price for 50 LAUREL ROAD of £312,500 on 18th August 2022. For the value to have decreased from £312,500 to £299,415 over the four years and three months to May 2026, the following assumptions must hold true:

• The value of 50 LAUREL ROAD has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The August 2022 sale price of £312,500 represented a fair market value for the property.
• The size, condition, and specification of 50 LAUREL ROAD has not materially changed since August 2022.

How Large is 50 LAUREL ROAD?

50 LAUREL ROAD is 98m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the largest 50% 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 50 LAUREL ROAD lies on this distribution: 51% of semi-detached houses houses are smaller than 50 LAUREL ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

50 LAUREL ROAD: Plot and Title Map

50 LAUREL ROAD sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 50 LAUREL 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 50 LAUREL 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 50 LAUREL ROAD?

50 LAUREL ROAD is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 50 on LAUREL ROAD.