10, OLD LANE, CORTON, LOWESTOFT, NR32 5HE - £410,000

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 OLD LANE is a very large detached house of 164m², built sometime between 1950 and 1966. It was last sold for £410,000 in October 2016, which was around 26% above the average October 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

10 OLD LANE Sold Prices

Land registry data shows three sales for 10 OLD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Two of the three 10 OLD LANE sales were for above the average price, whilst one was 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
2016 26 OCT	£410,000	£324,487	26% above HPI
2014 9 DEC	£250,000	£283,901	12% below HPI
2008 27 FEB	£300,000	£258,450	16% above HPI

10 OLD LANE 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 three 10 OLD LANE sales between February 2008 and October 2016 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 December 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2016 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 10 OLD LANE?

10 OLD LANE is 164m² according to the EPC inspection conducted in December 2015. This puts it in the largest 10% 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 OLD LANE lies on this distribution: 92% of detached houses are smaller than 10 OLD LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

10 OLD LANE: Plot and Title Map

10 OLD LANE sits on a plot of roughly 0.194 of an acre, or 784m². The below map shows the location of 10 OLD LANE, 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 OLD LANE). 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 OLD LANE?

10 OLD LANE is located in CORTON, in the NR32 postcode district. The below map shows the position of No. 10 on OLD LANE.