15, CHURCH LANE, LOWESTOFT, NR32 3JN - £315,000

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

15 CHURCH LANE is a large detached house of 110m², built sometime between 1967 and 1975. It was last sold for £315,000 in June 2021, which was around 17% below the average June 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

15 CHURCH LANE Sold Prices

Land registry data shows two sales for 15 CHURCH LANE 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. Both of the two 15 CHURCH LANE 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
2021 29 JUN	£315,000	£380,524	17% below HPI
2014 26 SEP	£225,000	£282,904	20% below HPI

15 CHURCH 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 two 15 CHURCH LANE sales from September 2014 and June 2021 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 September 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 15 CHURCH LANE?

15 CHURCH LANE is 110m² according to the EPC inspection conducted in May 2014. This puts it in the largest 40% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 15 CHURCH LANE lies on this distribution: 63% of detached houses are smaller than 15 CHURCH LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

15 CHURCH LANE: Plot and Title Map

15 CHURCH LANE sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 15 CHURCH 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 15 CHURCH 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 15 CHURCH LANE?

15 CHURCH LANE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 15 on CHURCH LANE.