PLOT 2, THE BEECHES, HALL DRIVE, LOWESTOFT, NR32 3PU - £225,000

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.

PLOT 2 THE BEECHES is a detached house, which could now be worth an estimated £340,999. It was last sold for £225,000 in October 2007, which was around 16% below the average October 2007 detached price in the East Suffolk local authority area.

PLOT 2 THE BEECHES Sold Prices

Land registry data shows one sale for PLOT 2 THE BEECHES since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 1 OCT	£225,000	£269,205	16% below HPI

What might PLOT 2 THE BEECHES be worth now?

PLOT 2 THE BEECHES might now be worth an estimated £340,999.

This is based on house price inflation of 51.6%, between October 2007 and May 2026, 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 51.6% inflationary increase is applied to the most recent sale price for PLOT 2 THE BEECHES of £225,000 on 1st October 2007. For the value to have increased from £225,000 to £340,999 over the nineteen years and five months to May 2026, the following assumptions must hold true:

• The value of PLOT 2 THE BEECHES has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2007 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of PLOT 2 THE BEECHES has not materially changed since October 2007.