6, MARSHAMS PIECE, LOWESTOFT, NR33 8UJ - £129,500

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.

6 MARSHAMS PIECE is a very small semi-detached house of 65m², built sometime between 1991 and 1995, which could now be worth an estimated £235,385. It was last sold for £129,500 in October 2009, which was around 16% below the average October 2009 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

6 MARSHAMS PIECE Sold Prices

Land registry data shows two sales for 6 MARSHAMS PIECE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 6 MARSHAMS PIECE 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
2009 23 OCT	£129,500	£153,523	16% below HPI
1997 31 JUL	£49,950	£51,496	3% below HPI

6 MARSHAMS PIECE 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 two 6 MARSHAMS PIECE sales from July 1997 and October 2009 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 1997 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2009 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 6 MARSHAMS PIECE be worth now?

6 MARSHAMS PIECE might now be worth an estimated £235,385.

This is based on house price inflation of 81.8%, between October 2009 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 81.8% inflationary increase is applied to the most recent sale price for 6 MARSHAMS PIECE of £129,500 on 23rd October 2009. For the value to have increased from £129,500 to £235,385 over the sixteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 6 MARSHAMS PIECE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The October 2009 sale price of £129,500 represented a fair market value for the property.
• The size, condition, and specification of 6 MARSHAMS PIECE has not materially changed since October 2009.

How Large is 6 MARSHAMS PIECE?

6 MARSHAMS PIECE is 65m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 20% 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 6 MARSHAMS PIECE lies on this distribution: 11% of semi-detached houses houses are smaller than 6 MARSHAMS PIECE, and 89% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

6 MARSHAMS PIECE: Plot and Title Map

6 MARSHAMS PIECE sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 6 MARSHAMS PIECE, 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 6 MARSHAMS PIECE). 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 6 MARSHAMS PIECE?

6 MARSHAMS PIECE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 6 on MARSHAMS PIECE.