4, LAWRENCE DRIVE, LOWESTOFT, NR32 4LL - £250,000

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

4 LAWRENCE DRIVE is a midsized extended detached house of 95m², built sometime between 1976 and 1982, which could now be worth an estimated £312,308. It was last sold for £250,000 in August 2017, which was around 26% below the average August 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

4 LAWRENCE DRIVE Sold Prices

Land registry data shows four sales for 4 LAWRENCE DRIVE 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 4 LAWRENCE 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
2017 15 AUG	£250,000	£338,645	26% below HPI
2010 22 OCT	£197,000	£257,476	23% below HPI
2007 23 FEB	£186,500	£243,267	23% below HPI
1997 29 AUG	£53,000	£83,690	37% below HPI

4 LAWRENCE 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 four 4 LAWRENCE DRIVE sales between August 1997 and August 2017 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 October 2010 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2017 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 4 LAWRENCE DRIVE be worth now?

4 LAWRENCE DRIVE might now be worth an estimated £312,308.

This is based on house price inflation of 24.9%, between August 2017 and February 2025, for 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 24.9% inflationary increase is applied to the most recent sale price for 4 LAWRENCE DRIVE of £250,000 on 15th August 2017. For the value to have increased from £250,000 to £312,308 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 4 LAWRENCE DRIVE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The August 2017 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LAWRENCE DRIVE has not materially changed since August 2017.

How Large is 4 LAWRENCE DRIVE?

4 LAWRENCE DRIVE is 95m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the smallest 50% of detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowestoft, and where 4 LAWRENCE DRIVE lies on this distribution: 48% of detached houses houses are smaller than 4 LAWRENCE DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

4 LAWRENCE DRIVE: Plot and Title Map

4 LAWRENCE DRIVE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 4 LAWRENCE 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 4 LAWRENCE 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 4 LAWRENCE DRIVE?

4 LAWRENCE DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 4 on LAWRENCE DRIVE.