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 WATER LANE is a very large extended detached house of 265m², built sometime before 1900. It was last sold for £214,995 in February 2004, which was around 7% above the average February 2004 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 10 WATER LANE since 1st 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 WATER LANE sales was for above the average price, whilst the other 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 |
---|---|---|---|
2004 6 FEB | £214,995 | £201,178 | 7% above HPI |
1999 25 FEB | £86,500 | £90,357 | 4% below HPI |
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 WATER LANE sales from February 1999 and February 2004 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 February 1999 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2004 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.
10 WATER LANE is 265m², which includes two extensions, according to the EPC inspection conducted in July 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 WATER LANE lies on this distribution: 99% of detached houses are smaller than 10 WATER LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.
10 WATER LANE sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of 10 WATER 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 WATER 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.
10 WATER LANE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 10 on WATER LANE.