10, FARRER DRIVE, LOWESTOFT, NR32 3BF - £320,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 FARRER DRIVE is a very large detached house of 147m². It was last sold for £320,000 in October 2018, which was around 11% below the average October 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2018, where the current energy rating was B, and the potential energy rating was A.

10 FARRER DRIVE Sold Prices

Land registry data shows two sales for 10 FARRER DRIVE 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. One of the two 10 FARRER DRIVE sales was for below the average price, whilst the other was 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
2018 8 OCT	£320,000	£358,712	11% below HPI
2017 16 JAN	£450,000	£326,222	38% above HPI

10 FARRER DRIVE 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 10 FARRER DRIVE sales from January 2017 and October 2018 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 January 2017 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the October 2018 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 10 FARRER DRIVE?

10 FARRER DRIVE is 147m² according to the EPC inspection conducted in October 2018. This puts it in the largest 20% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 10 FARRER DRIVE lies on this distribution: 86% of detached houses are smaller than 10 FARRER DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

10 FARRER DRIVE: Plot and Title Map

10 FARRER DRIVE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 10 FARRER DRIVE, 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 10 FARRER DRIVE). 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 10 FARRER DRIVE?

10 FARRER DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 10 on FARRER DRIVE.