3, LAVENHAM WAY, LOWESTOFT, NR32 3DX - £170,000

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.

3 LAVENHAM WAY is a very large extended semi-detached house of 183m², built sometime between 1967 and 1975, which could now be worth an estimated £262,752. It was last sold for £170,000 in December 2014, which was around 6% below the average December 2014 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

3 LAVENHAM WAY Sold Prices

Land registry data shows three sales for 3 LAVENHAM WAY 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 LAVENHAM WAY 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 12 DEC	£170,000	£180,545	6% below HPI
2001 16 AUG	£78,000	£81,203	4% below HPI
2000 9 AUG	£61,950	£72,077	14% below HPI

3 LAVENHAM WAY 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 LAVENHAM WAY sales between August 2000 and December 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 August 2001 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2014 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 3 LAVENHAM WAY be worth now?

3 LAVENHAM WAY might now be worth an estimated £262,752.

This is based on house price inflation of 54.6%, between December 2014 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 54.6% inflationary increase is applied to the most recent sale price for 3 LAVENHAM WAY of £170,000 on 12th December 2014. For the value to have increased from £170,000 to £262,752 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 LAVENHAM WAY has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The December 2014 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LAVENHAM WAY has not materially changed since December 2014.

How Large is 3 LAVENHAM WAY?

3 LAVENHAM WAY is 183m², which includes two extensions, according to the EPC inspection conducted in October 2014. This puts it in the largest 10% 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 LAVENHAM WAY lies on this distribution: 95% of semi-detached houses houses are smaller than 3 LAVENHAM WAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

3 LAVENHAM WAY: Plot and Title Map

3 LAVENHAM WAY sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 3 LAVENHAM WAY, 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 LAVENHAM WAY). 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 LAVENHAM WAY?

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