54, MERRIFIELD ROAD, LOWESTOFT, NR33 7HB - £215,000

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.

54 MERRIFIELD ROAD is a small extended semi-detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £219,939. It was last sold for £215,000 in March 2024, which was around 21% below the average March 2024 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

54 MERRIFIELD ROAD Sold Prices

Land registry data shows three sales for 54 MERRIFIELD 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 54 MERRIFIELD 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
2024 1 MAR	£215,000	£272,783	21% below HPI
2020 3 JAN	£156,200	£229,217	32% below HPI
2003 5 MAR	£105,000	£112,857	7% below HPI

54 MERRIFIELD 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 54 MERRIFIELD ROAD sales between March 2003 and March 2024 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 January 2020 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2024 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 54 MERRIFIELD ROAD be worth now?

54 MERRIFIELD ROAD might now be worth an estimated £219,939.

This is based on house price inflation of 2.3%, between March 2024 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 2.3% inflationary increase is applied to the most recent sale price for 54 MERRIFIELD ROAD of £215,000 on 1st March 2024. For the value to have increased from £215,000 to £219,939 over the one year and one month to February 2025, the following assumptions must hold true:

• The value of 54 MERRIFIELD ROAD has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The March 2024 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 54 MERRIFIELD ROAD has not materially changed since March 2024.

How Large is 54 MERRIFIELD ROAD?

54 MERRIFIELD ROAD is 88m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the smallest 40% 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 54 MERRIFIELD ROAD lies on this distribution: 40% of semi-detached houses houses are smaller than 54 MERRIFIELD ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

54 MERRIFIELD ROAD: Plot and Title Map

54 MERRIFIELD ROAD sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 54 MERRIFIELD 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 54 MERRIFIELD 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 54 MERRIFIELD ROAD?

54 MERRIFIELD ROAD is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 54 on MERRIFIELD ROAD.