7, CROME WALK, LOWESTOFT, NR32 4NF - £166,000

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.

7 CROME WALK is a very small detached house of 68m², built sometime between 1976 and 1982, which could now be worth an estimated £264,429. It was last sold for £166,000 in December 2007, which was around 37% below the average December 2007 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

7 CROME WALK Sold Prices

Land registry data shows two sales for 7 CROME WALK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 7 CROME WALK 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
2007 6 DEC	£166,000	£265,575	37% below HPI
2006 3 AUG	£159,000	£235,554	32% below HPI

7 CROME WALK 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 two 7 CROME WALK sales from August 2006 and December 2007 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 August 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2007 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 7 CROME WALK be worth now?

7 CROME WALK might now be worth an estimated £264,429.

This is based on house price inflation of 59.3%, between December 2007 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 59.3% inflationary increase is applied to the most recent sale price for 7 CROME WALK of £166,000 on 6th December 2007. For the value to have increased from £166,000 to £264,429 over the eighteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 7 CROME WALK has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The December 2007 sale price of £166,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CROME WALK has not materially changed since December 2007.

How Large is 7 CROME WALK?

7 CROME WALK is 68m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 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 7 CROME WALK lies on this distribution: 14% of detached houses houses are smaller than 7 CROME WALK, and 85% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

7 CROME WALK: Plot and Title Map

7 CROME WALK sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 7 CROME WALK, 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 7 CROME WALK). 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 7 CROME WALK?

7 CROME WALK is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 7 on CROME WALK.