3, LOW FARM DRIVE, CARLTON COLVILLE, LOWESTOFT, NR33 8HQ - £147,000

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

3 LOW FARM DRIVE is a very small detached house of 63m², built sometime between 1983 and 1990. It was last sold for £147,000 in February 2015, which was around 48% below the average February 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

3 LOW FARM DRIVE Sold Prices

Land registry data shows two sales for 3 LOW FARM 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 3 LOW FARM 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
2015 6 FEB	£147,000	£284,841	48% below HPI
2001 16 JUL	£75,000	£130,926	43% below HPI

3 LOW FARM 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 3 LOW FARM DRIVE sales from July 2001 and February 2015 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 July 2001 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2015 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 3 LOW FARM DRIVE?

3 LOW FARM DRIVE is 63m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 10% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 3 LOW FARM DRIVE lies on this distribution: 9% of detached houses are smaller than 3 LOW FARM DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

3 LOW FARM DRIVE: Plot and Title Map

3 LOW FARM DRIVE sits on a plot of roughly 0.081 of an acre, or 330m². The below map shows the location of 3 LOW FARM 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 LOW FARM 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 LOW FARM DRIVE?

3 LOW FARM DRIVE is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 3 on LOW FARM DRIVE.