8A, GORLESTON ROAD, LOWESTOFT, NR32 3AG - £100,000

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.

8A GORLESTON ROAD is a small extended flat of 48m², built sometime between 1900 and 1929, which could now be worth an estimated £102,618. It was last sold for £100,000 in April 2018, which was around 27% below the average April 2018 flat price in the East Suffolk local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

8A GORLESTON ROAD Sold Prices

Land registry data shows four sales for 8A GORLESTON ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the East Suffolk local authority area for the corresponding sale date. All of the four 8A GORLESTON ROAD sales were for below 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
2018 26 APR	£100,000	£137,857	27% below HPI
2007 7 DEC	£90,000	£125,627	28% below HPI
2005 6 OCT	£85,000	£107,803	21% below HPI
2001 21 DEC	£53,000	£60,922	13% below HPI

What might 8A GORLESTON ROAD be worth now?

8A GORLESTON ROAD might now be worth an estimated £102,618.

This is based on house price inflation of 2.6%, between April 2018 and May 2026, for flats, 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 2.6% inflationary increase is applied to the most recent sale price for 8A GORLESTON ROAD of £100,000 on 26th April 2018. For the value to have increased from £100,000 to £102,618 over the seven years and eleven months to May 2026, the following assumptions must hold true:

• The value of 8A GORLESTON ROAD has moved in line with the HPI for flats in the East Suffolk local authority area.
• The April 2018 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 8A GORLESTON ROAD has not materially changed since April 2018.

How Large is 8A GORLESTON ROAD?

8A GORLESTON ROAD is 48m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 30% of flats in Lowestoft, based on EPC data. 30% of flats are smaller than 8A GORLESTON ROAD, and 68% of flats are larger. Note that EPC data is not available for all properties in Lowestoft.

8A GORLESTON ROAD: Plot

8A GORLESTON ROAD sits on a plot of roughly 0.059 of an acre, or 239m².

Where is 8A GORLESTON ROAD?

8A GORLESTON ROAD is located in LOWESTOFT, in the NR32 postcode district.