28, SHIP ROAD, LOWESTOFT, NR33 7DN - £114,500

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.

28 SHIP ROAD is a terraced house, which could now be worth an estimated £170,537. It was last sold for £114,500 in October 2007, which was around 17% below the average October 2007 terraced price in the East Suffolk local authority area.

28 SHIP ROAD Sold Prices

Land registry data shows two sales for 28 SHIP ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. One of the two 28 SHIP ROAD sales was for below the average price, whilst the other was for above 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 24 OCT	£114,500	£138,731	17% below HPI
1998 23 OCT	£46,000	£40,168	15% above HPI

What might 28 SHIP ROAD be worth now?

28 SHIP ROAD might now be worth an estimated £170,537.

This is based on house price inflation of 48.9%, between October 2007 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 48.9% inflationary increase is applied to the most recent sale price for 28 SHIP ROAD of £114,500 on 24th October 2007. For the value to have increased from £114,500 to £170,537 over the nineteen years and five months to May 2026, the following assumptions must hold true:

• The value of 28 SHIP ROAD has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The October 2007 sale price of £114,500 represented a fair market value for the property.
• The size, condition, and specification of 28 SHIP ROAD has not materially changed since October 2007.

Where is 28 SHIP ROAD?

28 SHIP ROAD is located in LOWESTOFT, in the NR33 postcode district.