23, SNAPE DRIVE, LOWESTOFT, NR32 4SF - £255,000

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.

23 SNAPE DRIVE is a very large extended detached house of 150m², built sometime between 1967 and 1975, which could now be worth an estimated £308,761. It was last sold for £255,000 in March 2020, which was around 27% below the average March 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

23 SNAPE DRIVE Sold Prices

Land registry data shows two sales for 23 SNAPE DRIVE 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 23 SNAPE 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
2020 17 MAR	£255,000	£347,521	27% below HPI
2016 19 JAN	£225,000	£305,207	26% below HPI

23 SNAPE 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 two 23 SNAPE DRIVE sales from January 2016 and March 2020 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 January 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 23 SNAPE DRIVE be worth now?

23 SNAPE DRIVE might now be worth an estimated £308,761.

This is based on house price inflation of 21.1%, between March 2020 and July 2025, for 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 21.1% inflationary increase is applied to the most recent sale price for 23 SNAPE DRIVE of £255,000 on 17th March 2020. For the value to have increased from £255,000 to £308,761 over the four years and eight months to July 2025, the following assumptions must hold true:

• The value of 23 SNAPE DRIVE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The March 2020 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 23 SNAPE DRIVE has not materially changed since March 2020.

How Large is 23 SNAPE DRIVE?

23 SNAPE DRIVE is 150m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the largest 20% of detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowestoft, and where 23 SNAPE DRIVE lies on this distribution: 88% of detached houses houses are smaller than 23 SNAPE DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

23 SNAPE DRIVE: Plot and Title Map

23 SNAPE DRIVE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 23 SNAPE 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 23 SNAPE 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 23 SNAPE DRIVE?

23 SNAPE DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 23 on SNAPE DRIVE.