MAYFIELD, BROADVIEW ROAD, LOWESTOFT, NR32 3PL - £205,000

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.

MAYFIELD is a large detached house of 115m², built sometime between 1930 and 1949, which could now be worth an estimated £198,288. It was last sold for £205,000 in May 2023, which was around 51% below the average May 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was D.

MAYFIELD Sold Prices

Land registry data shows one sale for MAYFIELD 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
2023 4 MAY	£205,000	£415,995	51% below HPI

What might MAYFIELD be worth now?

MAYFIELD might now be worth an estimated £198,288.

This is based on house price deflation of 3.3%, between May 2023 and July 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 3.3% deflationary decrease is applied to the most recent sale price for MAYFIELD of £205,000 on 4th May 2023. For the value to have decreased from £205,000 to £198,288 over the two years and ten months to July 2026, the following assumptions must hold true:

• The value of MAYFIELD has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The May 2023 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of MAYFIELD has not materially changed since May 2023.

How Large is MAYFIELD?

MAYFIELD is 115m² according to the EPC inspection conducted in January 2020. This puts it in the largest 40% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where MAYFIELD lies on this distribution: 68% of detached houses are smaller than MAYFIELD, and 31% of detached houses are larger. Note that EPC data is not available for all properties in Lowestoft.

MAYFIELD: Plot

MAYFIELD sits on a plot of roughly 0.225 of an acre, or 912m².

Where is MAYFIELD?

MAYFIELD is located on BROADVIEW ROAD in LOWESTOFT, in the NR32 postcode district.