24, STEPHENSONS WALK, LOWESTOFT, NR32 4TE - £110,000

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.

24 STEPHENSONS WALK is a very small terraced house of 32m², built sometime between 1983 and 1990, which could now be worth an estimated £165,536. It was last sold for £110,000 in March 2015, which was around 20% below the average March 2015 terraced price in the East Suffolk local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was A.

24 STEPHENSONS WALK Sold Prices

Land registry data shows one sale for 24 STEPHENSONS WALK since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2015 20 MAR	£110,000	£137,305	20% below HPI

What might 24 STEPHENSONS WALK be worth now?

24 STEPHENSONS WALK might now be worth an estimated £165,536.

This is based on house price inflation of 50.5%, between March 2015 and May 2026, for terraced 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 50.5% inflationary increase is applied to the most recent sale price for 24 STEPHENSONS WALK of £110,000 on 20th March 2015. For the value to have increased from £110,000 to £165,536 over the ten years and ten months to May 2026, the following assumptions must hold true:

• The value of 24 STEPHENSONS WALK has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The March 2015 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 24 STEPHENSONS WALK has not materially changed since March 2015.

How Large is 24 STEPHENSONS WALK?

24 STEPHENSONS WALK is 32m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of terraced houses in Lowestoft, based on EPC data. The below chart shows the distribution of terraced houses by size in Lowestoft, and where 24 STEPHENSONS WALK lies on this distribution: Less than 1% of terraced houses are smaller than 24 STEPHENSONS WALK, and more than 99% of terraced houses are larger. Note that EPC data is not available for all properties in Lowestoft.

24 STEPHENSONS WALK: Plot

24 STEPHENSONS WALK sits on a plot of roughly 0.050 of an acre, or 204m².

Where is 24 STEPHENSONS WALK?

24 STEPHENSONS WALK is located in LOWESTOFT, in the NR32 postcode district.