FLAT 1, 16, HIGH BEECH, LOWESTOFT, NR32 2RY - £125,000

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.

FLAT 1 16 HIGH BEECH is a very large extended flat of 83m², built sometime before 1900, which could now be worth an estimated £127,339. It was last sold for £125,000 in February 2019, which was around 11% below the average February 2019 flat price in the East Suffolk local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

FLAT 1 16 HIGH BEECH Sold Prices

Land registry data shows four sales for FLAT 1 16 HIGH BEECH 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 FLAT 1 16 HIGH BEECH 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
2019 1 FEB	£125,000	£139,683	11% below HPI
2015 18 AUG	£92,000	£123,006	25% below HPI
2007 3 JUL	£102,995	£119,422	14% below HPI
2003 7 MAR	£77,500	£81,445	5% below HPI

What might FLAT 1 16 HIGH BEECH be worth now?

FLAT 1 16 HIGH BEECH might now be worth an estimated £127,339.

This is based on house price inflation of 1.9%, between February 2019 and April 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 1.9% inflationary increase is applied to the most recent sale price for FLAT 1 16 HIGH BEECH of £125,000 on 1st February 2019. For the value to have increased from £125,000 to £127,339 over the six years and ten months to April 2026, the following assumptions must hold true:

• The value of FLAT 1 16 HIGH BEECH has moved in line with the HPI for flats in the East Suffolk local authority area.
• The February 2019 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 1 16 HIGH BEECH has not materially changed since February 2019.

How Large is FLAT 1 16 HIGH BEECH?

FLAT 1 16 HIGH BEECH is 83m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 20% of flats in Lowestoft, based on EPC data. 88% of flats are smaller than FLAT 1 16 HIGH BEECH, and 12% of flats are larger. Note that EPC data is not available for all properties in Lowestoft.

FLAT 1 16 HIGH BEECH: Plot

FLAT 1 16 HIGH BEECH sits on a plot of roughly 0.247 of an acre, or 1,000m².

Where is FLAT 1 16 HIGH BEECH?

FLAT 1, 16 HIGH BEECH is located in LOWESTOFT, in the NR32 postcode district.