114, HIGHER DRIVE, LOWESTOFT, NR32 3DE - £145,000

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.

114 HIGHER DRIVE is a small semi-detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £277,992. It was last sold for £145,000 in May 2009, which was about the average May 2009 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

114 HIGHER DRIVE Sold Prices

Land registry data shows four sales for 114 HIGHER DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. The four 114 HIGHER DRIVE sales were a mix of roughly equal to the average price, above the average price, and 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
2009 21 MAY	£145,000	£145,552	Close to HPI
2001 19 APR	£78,000	£77,242	1% above HPI
2000 8 AUG	£72,450	£72,077	1% above HPI
1999 15 OCT	£60,000	£61,179	2% below HPI

114 HIGHER DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The four 114 HIGHER DRIVE sales between October 1999 and May 2009 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 April 2001 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2009 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 114 HIGHER DRIVE be worth now?

114 HIGHER DRIVE might now be worth an estimated £277,992.

This is based on house price inflation of 91.7%, between May 2009 and February 2025, for semi-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 91.7% inflationary increase is applied to the most recent sale price for 114 HIGHER DRIVE of £145,000 on 21st May 2009. For the value to have increased from £145,000 to £277,992 over the sixteen years and three months to February 2025, the following assumptions must hold true:

• The value of 114 HIGHER DRIVE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The May 2009 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 114 HIGHER DRIVE has not materially changed since May 2009.

How Large is 114 HIGHER DRIVE?

114 HIGHER DRIVE is 84m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 40% of semi-detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lowestoft, and where 114 HIGHER DRIVE lies on this distribution: 37% of semi-detached houses houses are smaller than 114 HIGHER DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

114 HIGHER DRIVE: Plot and Title Map

114 HIGHER DRIVE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 114 HIGHER 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 114 HIGHER 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 114 HIGHER DRIVE?

114 HIGHER DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 114 on HIGHER DRIVE.