25, WATER LANE, LOWESTOFT, NR32 2NH - £116,000

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

25 WATER LANE is a midsized extended detached house of 89m², built sometime between 1900 and 1929. It was last sold for £116,000 in October 2019, which was around 67% below the average October 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

25 WATER LANE Sold Prices

Land registry data shows four sales for 25 WATER LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 25 WATER 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
2019 29 OCT	£116,000	£349,022	67% below HPI
2012 23 NOV	£108,995	£250,298	56% below HPI
2004 12 AUG	£98,000	£220,909	56% below HPI
2001 6 JUL	£52,000	£130,926	60% below HPI

25 WATER 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 four 25 WATER LANE sales between July 2001 and October 2019 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 November 2012 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the October 2019 sale, where it falls to 67% below the HPI. The line then continues to track at 67% below the HPI.

How Large is 25 WATER LANE?

25 WATER LANE is 89m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 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 25 WATER LANE lies on this distribution: 42% of detached houses are smaller than 25 WATER LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

25 WATER LANE: Plot and Title Map

25 WATER LANE sits on a plot of roughly 0.029 of an acre, or 119m². The below map shows the location of 25 WATER 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 25 WATER 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 25 WATER LANE?

25 WATER LANE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 25 on WATER LANE.