16, LANDSPRING LANE, LOWESTOFT, NR33 9RT - £184,950

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

16 LANDSPRING LANE is a midsized extended detached house of 104m², built sometime between 1967 and 1975. It was last sold for £184,950 in October 2014, which was around 36% below the average October 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

16 LANDSPRING LANE Sold Prices

Land registry data shows two sales for 16 LANDSPRING 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 16 LANDSPRING 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
2014 17 OCT	£184,950	£288,072	36% below HPI
2006 28 SEP	£150,000	£237,036	37% below HPI

16 LANDSPRING 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 16 LANDSPRING LANE sales from September 2006 and October 2014 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 2006 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2014 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 16 LANDSPRING LANE?

16 LANDSPRING LANE is 104m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 50% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 16 LANDSPRING LANE lies on this distribution: 58% of detached houses are smaller than 16 LANDSPRING LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

16 LANDSPRING LANE: Plot and Title Map

16 LANDSPRING LANE sits on a plot of roughly 0.169 of an acre, or 685m². The below map shows the location of 16 LANDSPRING 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 16 LANDSPRING 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 16 LANDSPRING LANE?

16 LANDSPRING LANE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 16 on LANDSPRING LANE.