38, ELM TREE ROAD, LOWESTOFT, NR33 9ET - £315,000

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.

38 ELM TREE ROAD is a very large extended detached house of 170m², built sometime before 1900, which could now be worth an estimated £521,918. It was last sold for £315,000 in January 2010, which was around 28% above the average January 2010 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2009, where the current energy rating was F, and the potential energy rating was D.

38 ELM TREE ROAD Sold Prices

Land registry data shows one sale for 38 ELM TREE ROAD 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
2010 15 JAN	£315,000	£246,242	28% above HPI

What might 38 ELM TREE ROAD be worth now?

38 ELM TREE ROAD might now be worth an estimated £521,918.

This is based on house price inflation of 65.7%, between January 2010 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 65.7% inflationary increase is applied to the most recent sale price for 38 ELM TREE ROAD of £315,000 on 15th January 2010. For the value to have increased from £315,000 to £521,918 over the fifteen years and eight months to May 2026, the following assumptions must hold true:

• The value of 38 ELM TREE ROAD has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The January 2010 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 38 ELM TREE ROAD has not materially changed since January 2010.

How Large is 38 ELM TREE ROAD?

38 ELM TREE ROAD is 170m², which includes two extensions, according to the EPC inspection conducted in August 2009. This puts it in the largest 10% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 38 ELM TREE ROAD lies on this distribution: 93% of detached houses are smaller than 38 ELM TREE ROAD, and 7% of detached houses are larger. Note that EPC data is not available for all properties in Lowestoft.

38 ELM TREE ROAD: Plot

38 ELM TREE ROAD sits on a plot of roughly 0.417 of an acre, or 1,687m².

Where is 38 ELM TREE ROAD?

38 ELM TREE ROAD is located in LOWESTOFT, in the NR33 postcode district.