56, MOUNT PLEASANT, LOWESTOFT, NR32 4JB - £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.

56 MOUNT PLEASANT is a small extended terraced house of 84m², built sometime between 1930 and 1949, which could now be worth an estimated £246,310. It was last sold for £215,000 in October 2020, which was around 17% above the average October 2020 terraced price in the East Suffolk local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

56 MOUNT PLEASANT Sold Prices

Land registry data shows two sales for 56 MOUNT PLEASANT 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 56 MOUNT PLEASANT 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
2020 30 OCT	£215,000	£183,542	17% above HPI
2018 10 MAY	£190,000	£163,442	16% above HPI

56 MOUNT PLEASANT 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 56 MOUNT PLEASANT sales from May 2018 and October 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 2018 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2020 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 56 MOUNT PLEASANT be worth now?

56 MOUNT PLEASANT might now be worth an estimated £246,310.

This is based on house price inflation of 14.6%, between October 2020 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 14.6% inflationary increase is applied to the most recent sale price for 56 MOUNT PLEASANT of £215,000 on 30th October 2020. For the value to have increased from £215,000 to £246,310 over the five years and four months to June 2025, the following assumptions must hold true:

• The value of 56 MOUNT PLEASANT has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The October 2020 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 56 MOUNT PLEASANT has not materially changed since October 2020.

How Large is 56 MOUNT PLEASANT?

56 MOUNT PLEASANT is 84m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% 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 56 MOUNT PLEASANT lies on this distribution: 35% of terraced houses houses are smaller than 56 MOUNT PLEASANT, and 63% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

56 MOUNT PLEASANT: Plot and Title Map

56 MOUNT PLEASANT sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 56 MOUNT PLEASANT, 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 56 MOUNT PLEASANT). 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 56 MOUNT PLEASANT?

56 MOUNT PLEASANT is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 56 on MOUNT PLEASANT.