3, WASH LANE, KESSINGLAND, LOWESTOFT, NR33 7QZ - £500,000

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 WASH LANE is a very large detached house of 182m², built sometime between 1983 and 1990. It was last sold for £500,000 in July 2019, which was around 43% above the average July 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

3 WASH LANE Sold Prices

Land registry data shows two sales for 3 WASH LANE 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 WASH LANE 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
2019 11 JUL	£500,000	£349,371	43% above HPI
2016 17 AUG	£340,000	£320,108	6% above HPI

3 WASH 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 two 3 WASH LANE sales from August 2016 and July 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 August 2016 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2019 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 3 WASH LANE?

3 WASH LANE is 182m² according to the EPC inspection conducted in August 2016. This puts it in the largest 20% of detached houses in Kessingland, based on EPC data. The below chart shows the distribution of detached houses by size in Kessingland, and where 3 WASH LANE lies on this distribution: 90% of detached houses are smaller than 3 WASH LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Kessingland.

3 WASH LANE: Plot and Title Map

3 WASH LANE sits on a plot of roughly 0.404 of an acre, or 1,634m². The below map shows the location of 3 WASH 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 3 WASH 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 3 WASH LANE?

3 WASH LANE is located in KESSINGLAND, in the NR33 postcode district. The below map shows the position of No. 3 on WASH LANE.