140, HIGHER DRIVE, LOWESTOFT, NR32 3DE - £185,000

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

140 HIGHER DRIVE is a very small extended detached house of 69m², built sometime between 1967 and 1975. It was last sold for £185,000 in March 2017, which was around 44% below the average March 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

140 HIGHER DRIVE Sold Prices

Land registry data shows three sales for 140 HIGHER DRIVE 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. All of the three 140 HIGHER DRIVE sales were 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
2017 31 MAR	£185,000	£328,526	44% below HPI
2006 13 JUL	£159,995	£231,620	31% below HPI
2005 14 JAN	£125,000	£222,555	44% below HPI

140 HIGHER 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 three 140 HIGHER DRIVE sales between January 2005 and March 2017 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 July 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2017 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 140 HIGHER DRIVE?

140 HIGHER DRIVE is 69m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 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 140 HIGHER DRIVE lies on this distribution: 15% of detached houses are smaller than 140 HIGHER DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

140 HIGHER DRIVE: Plot and Title Map

140 HIGHER DRIVE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 140 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 140 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 140 HIGHER DRIVE?

140 HIGHER DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 140 on HIGHER DRIVE.