3, HIGHER DRIVE, LOWESTOFT, NR32 3DA - £152,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 HIGHER DRIVE is a midsized extended semi-detached house of 99m², built sometime between 1930 and 1949, which could now be worth an estimated £288,398. It was last sold for £152,500 in July 2009, which was around 3% above the average July 2009 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

3 HIGHER DRIVE Sold Prices

Land registry data shows three sales for 3 HIGHER DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 3 HIGHER DRIVE sales were for above 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
2009 21 JUL	£152,500	£147,557	3% above HPI
2004 5 NOV	£154,000	£142,471	8% above HPI
2001 25 MAY	£82,995	£77,641	7% above HPI

3 HIGHER DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 3 HIGHER DRIVE sales between May 2001 and July 2009 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 2004 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2009 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 3 HIGHER DRIVE be worth now?

3 HIGHER DRIVE might now be worth an estimated £288,398.

This is based on house price inflation of 89.1%, between July 2009 and February 2025, for semi-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 89.1% inflationary increase is applied to the most recent sale price for 3 HIGHER DRIVE of £152,500 on 21st July 2009. For the value to have increased from £152,500 to £288,398 over the sixteen years and five months to February 2025, the following assumptions must hold true:

• The value of 3 HIGHER DRIVE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The July 2009 sale price of £152,500 represented a fair market value for the property.
• The size, condition, and specification of 3 HIGHER DRIVE has not materially changed since July 2009.

How Large is 3 HIGHER DRIVE?

3 HIGHER DRIVE is 99m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the largest 50% of semi-detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lowestoft, and where 3 HIGHER DRIVE lies on this distribution: 52% of semi-detached houses houses are smaller than 3 HIGHER DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

3 HIGHER DRIVE: Plot and Title Map

3 HIGHER DRIVE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 3 HIGHER 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 3 HIGHER 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 3 HIGHER DRIVE?

3 HIGHER DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 3 on HIGHER DRIVE.