8, SWALLOWFIELDS, CARLTON COLVILLE, LOWESTOFT, NR33 8TP - £250,000

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.

8 SWALLOWFIELDS is a small extended detached house of 85m², built sometime between 1991 and 1995, which could now be worth an estimated £284,705. It was last sold for £250,000 in March 2021, which was around 33% below the average March 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

8 SWALLOWFIELDS Sold Prices

Land registry data shows two sales for 8 SWALLOWFIELDS 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 8 SWALLOWFIELDS 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
2021 19 MAR	£250,000	£371,477	33% below HPI
1999 9 DEC	£74,000	£102,241	28% below HPI

8 SWALLOWFIELDS 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 8 SWALLOWFIELDS sales from December 1999 and March 2021 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 December 1999 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 8 SWALLOWFIELDS be worth now?

8 SWALLOWFIELDS might now be worth an estimated £284,705.

This is based on house price inflation of 13.9%, between March 2021 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 13.9% inflationary increase is applied to the most recent sale price for 8 SWALLOWFIELDS of £250,000 on 19th March 2021. For the value to have increased from £250,000 to £284,705 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 8 SWALLOWFIELDS has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The March 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SWALLOWFIELDS has not materially changed since March 2021.

How Large is 8 SWALLOWFIELDS?

8 SWALLOWFIELDS is 85m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% 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 8 SWALLOWFIELDS lies on this distribution: 37% of detached houses houses are smaller than 8 SWALLOWFIELDS, and 62% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

8 SWALLOWFIELDS: Plot and Title Map

8 SWALLOWFIELDS sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 8 SWALLOWFIELDS, 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 8 SWALLOWFIELDS). 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 8 SWALLOWFIELDS?

8 SWALLOWFIELDS is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 8 on SWALLOWFIELDS.