42, SHIP ROAD, LOWESTOFT, NR33 7DN - £231,000

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.

42 SHIP ROAD is a midsized extended semi-detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £221,328. It was last sold for £231,000 in August 2022, which was around 17% below the average August 2022 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

42 SHIP ROAD Sold Prices

Land registry data shows one sale for 42 SHIP ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2022 3 AUG	£231,000	£279,075	17% below HPI

What might 42 SHIP ROAD be worth now?

42 SHIP ROAD might now be worth an estimated £221,328.

This is based on house price deflation of 4.2%, between August 2022 and May 2026, for semi-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 42 SHIP ROAD of £231,000 on 3rd August 2022. For the value to have decreased from £231,000 to £221,328 over the four years and three months to May 2026, the following assumptions must hold true:

• The value of 42 SHIP ROAD has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The August 2022 sale price of £231,000 represented a fair market value for the property.
• The size, condition, and specification of 42 SHIP ROAD has not materially changed since August 2022.

How Large is 42 SHIP ROAD?

42 SHIP ROAD is 78m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 50% of semi-detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Lowestoft, and where 42 SHIP ROAD lies on this distribution: 50% of semi-detached houses are smaller than 42 SHIP ROAD, and 47% of semi-detached houses are larger. Note that EPC data is not available for all properties in Lowestoft.

42 SHIP ROAD: Plot

42 SHIP ROAD sits on a plot of roughly 0.077 of an acre, or 311m².

Where is 42 SHIP ROAD?

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