17, WASH LANE, KESSINGLAND, LOWESTOFT, NR33 7QZ - £425,000

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

17 WASH LANE is a large detached house of 148m², built sometime between 1996 and 2002. It was last sold for £425,000 in April 2024, which was around 2% above the average April 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

17 WASH LANE Sold Prices

Land registry data shows three sales for 17 WASH LANE 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. One of the three 17 WASH LANE sales was for above the average price, whilst two 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
2024 19 APR	£425,000	£417,473	2% above HPI
2016 20 MAY	£276,000	£307,292	10% below HPI
2005 13 OCT	£220,000	£227,208	3% below HPI

17 WASH 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 three 17 WASH LANE sales between October 2005 and April 2024 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 May 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2024 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 17 WASH LANE?

17 WASH LANE is 148m² according to the EPC inspection conducted in February 2015. This puts it in the largest 20% of detached houses in Kessingland, based on EPC data. The below chart shows the distribution of detached houses by size in Kessingland, and where 17 WASH LANE lies on this distribution: 80% of detached houses are smaller than 17 WASH LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Kessingland.

17 WASH LANE: Plot and Title Map

17 WASH LANE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 17 WASH 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 17 WASH 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 17 WASH LANE?

17 WASH LANE is located in KESSINGLAND, in the NR33 postcode district. The below map shows the position of No. 17 on WASH LANE.