ORCHARD VILLA, ORCHARD TERRACE, LOWESTOFT, NR33 0HQ - £371,000

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.

ORCHARD VILLA is a very large extended detached house of 192m², built sometime between 1900 and 1929, which could now be worth an estimated £355,581. It was last sold for £371,000 in December 2022, which was around 16% below the average December 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was C.

ORCHARD VILLA Sold Prices

Land registry data shows three sales for ORCHARD VILLA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three ORCHARD VILLA 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
2022 8 DEC	£371,000	£441,391	16% below HPI
2019 18 JAN	£275,000	£356,801	23% below HPI
1997 6 OCT	£74,000	£84,025	12% below HPI

ORCHARD VILLA 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 three ORCHARD VILLA sales between October 1997 and December 2022 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 January 2019 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might ORCHARD VILLA be worth now?

ORCHARD VILLA might now be worth an estimated £355,581.

This is based on house price deflation of 4.2%, between December 2022 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 4.2% deflationary decrease is applied to the most recent sale price for ORCHARD VILLA of £371,000 on 8th December 2022. For the value to have decreased from £371,000 to £355,581 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of ORCHARD VILLA has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The December 2022 sale price of £371,000 represented a fair market value for the property.
• The size, condition, and specification of ORCHARD VILLA has not materially changed since December 2022.

How Large is ORCHARD VILLA?

ORCHARD VILLA is 192m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 10% 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 ORCHARD VILLA lies on this distribution: 96% of detached houses houses are smaller than ORCHARD VILLA, and 4% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

ORCHARD VILLA: Plot and Title Map

ORCHARD VILLA sits on a plot of roughly 0.164 of an acre, or 663m². The below map shows the location of ORCHARD VILLA, 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 ORCHARD VILLA). 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 ORCHARD VILLA?

ORCHARD VILLA is located on ORCHARD TERRACE in LOWESTOFT, in the NR33 postcode district. The below map shows the position of ORCHARD VILLA on ORCHARD TERRACE.