59, ELM TREE ROAD, LOWESTOFT, NR33 9ER - £292,500

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.

59 ELM TREE ROAD is a large extended detached house of 132m², built sometime between 1950 and 1966, which could now be worth an estimated £364,067. It was last sold for £292,500 in April 2019, which was around 14% below the average April 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

59 ELM TREE ROAD Sold Prices

Land registry data shows four sales for 59 ELM TREE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 59 ELM TREE 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
2019 12 APR	£292,500	£339,885	14% below HPI
2007 25 JUL	£214,995	£250,828	14% below HPI
2002 31 OCT	£149,995	£171,256	12% below HPI
1999 8 OCT	£83,000	£100,933	18% below HPI

59 ELM TREE ROAD 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 four 59 ELM TREE ROAD sales between October 1999 and April 2019 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 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2019 sale, which was also at 14% below the HPI.

What might 59 ELM TREE ROAD be worth now?

59 ELM TREE ROAD might now be worth an estimated £364,067.

This is based on house price inflation of 24.5%, between April 2019 and February 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 24.5% inflationary increase is applied to the most recent sale price for 59 ELM TREE ROAD of £292,500 on 12th April 2019. For the value to have increased from £292,500 to £364,067 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 59 ELM TREE ROAD has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The April 2019 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of 59 ELM TREE ROAD has not materially changed since April 2019.

How Large is 59 ELM TREE ROAD?

59 ELM TREE ROAD is 132m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 20% 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 59 ELM TREE ROAD lies on this distribution: 80% of detached houses houses are smaller than 59 ELM TREE ROAD, and 19% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

59 ELM TREE ROAD: Plot and Title Map

59 ELM TREE ROAD sits on a plot of roughly 0.167 of an acre, or 677m². The below map shows the location of 59 ELM TREE 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 59 ELM TREE 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 59 ELM TREE ROAD?

59 ELM TREE ROAD is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 59 on ELM TREE ROAD.