THE GRANGE, NIGHTINGALE ROAD, LOWESTOFT, NR33 7AX - £745,000

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.

THE GRANGE is a very large extended detached house of 419m², built sometime between 1900 and 1929, which could now be worth an estimated £844,530. It was last sold for £745,000 in October 2020, which was around 100% above the average October 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was C.

THE GRANGE Sold Prices

Land registry data shows two sales for THE GRANGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two THE GRANGE sales were for above 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
2020 8 OCT	£745,000	£373,189	100% above HPI
2011 29 JUN	£530,000	£253,529	109% above HPI

THE GRANGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two THE GRANGE sales from June 2011 and October 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2011 sale was for 109% above the HPI. So the extrapolation line tracks at 109% above the HPI over time, until the October 2020 sale, where it falls to 100% above the HPI. The line then continues to track at 100% above the HPI.

What might THE GRANGE be worth now?

THE GRANGE might now be worth an estimated £844,530.

This is based on house price inflation of 13.4%, between October 2020 and February 2025, 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 13.4% inflationary increase is applied to the most recent sale price for THE GRANGE of £745,000 on 8th October 2020. For the value to have increased from £745,000 to £844,530 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of THE GRANGE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2020 sale price of £745,000 represented a fair market value for the property.
• The size, condition, and specification of THE GRANGE has not materially changed since October 2020.

How Large is THE GRANGE?

THE GRANGE is 419m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 10% of detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowestoft, and where THE GRANGE lies on this distribution: More than 99% of detached houses houses are smaller than THE GRANGE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

THE GRANGE: Plot and Title Map

THE GRANGE sits on a plot of roughly 0.470 of an acre, or 1,901m². The below map shows the location of THE GRANGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE GRANGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE GRANGE?

THE GRANGE is located on NIGHTINGALE ROAD in LOWESTOFT, in the NR33 postcode district. The below map shows the position of THE GRANGE on NIGHTINGALE ROAD.