71, ELM TREE ROAD, LOWESTOFT, NR33 9ER - £230,000

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.

71 ELM TREE ROAD is a very large extended semi-detached house of 144m², built sometime between 1950 and 1966, which could now be worth an estimated £224,381. It was last sold for £230,000 in June 2022, which was around 16% below the average June 2022 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2015, where the current energy rating was F, and the potential energy rating was B.

71 ELM TREE ROAD Sold Prices

Land registry data shows one sale for 71 ELM TREE 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 21 JUN	£230,000	£274,086	16% below HPI

What might 71 ELM TREE ROAD be worth now?

71 ELM TREE ROAD might now be worth an estimated £224,381.

This is based on house price deflation of 2.4%, between June 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 2.4% deflationary decrease is applied to the most recent sale price for 71 ELM TREE ROAD of £230,000 on 21st June 2022. For the value to have decreased from £230,000 to £224,381 over the four years and one month to May 2026, the following assumptions must hold true:

• The value of 71 ELM TREE ROAD has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The June 2022 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 71 ELM TREE ROAD has not materially changed since June 2022.

How Large is 71 ELM TREE ROAD?

71 ELM TREE ROAD is 144m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 10% 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 71 ELM TREE ROAD lies on this distribution: 96% of semi-detached houses are smaller than 71 ELM TREE ROAD, and 4% of semi-detached houses are larger. Note that EPC data is not available for all properties in Lowestoft.

71 ELM TREE ROAD: Plot

71 ELM TREE ROAD sits on a plot of roughly 0.081 of an acre, or 326m².

Where is 71 ELM TREE ROAD?

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