40, FIELD LANE, KESSINGLAND, LOWESTOFT, NR33 7QA - £157,500

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.

40 FIELD LANE is a very small semi-detached house of 68m², built sometime between 1967 and 1975, which could now be worth an estimated £225,721. It was last sold for £157,500 in May 2016, which was around 19% below the average May 2016 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

40 FIELD LANE Sold Prices

Land registry data shows two sales for 40 FIELD LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 40 FIELD LANE 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
2016 27 MAY	£157,500	£194,711	19% below HPI
2006 18 DEC	£129,000	£158,662	19% below HPI

40 FIELD LANE 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 two 40 FIELD LANE sales from December 2006 and May 2016 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 December 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2016 sale, which was also at 19% below the HPI.

What might 40 FIELD LANE be worth now?

40 FIELD LANE might now be worth an estimated £225,721.

This is based on house price inflation of 43.3%, between May 2016 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 43.3% inflationary increase is applied to the most recent sale price for 40 FIELD LANE of £157,500 on 27th May 2016. For the value to have increased from £157,500 to £225,721 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 40 FIELD LANE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The May 2016 sale price of £157,500 represented a fair market value for the property.
• The size, condition, and specification of 40 FIELD LANE has not materially changed since May 2016.

How Large is 40 FIELD LANE?

40 FIELD LANE is 68m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of semi-detached houses houses in Kessingland, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Kessingland, and where 40 FIELD LANE lies on this distribution: 14% of semi-detached houses houses are smaller than 40 FIELD LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Kessingland.

40 FIELD LANE: Plot and Title Map

40 FIELD LANE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 40 FIELD 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 40 FIELD 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 40 FIELD LANE?

40 FIELD LANE is located in KESSINGLAND, in the NR33 postcode district. The below map shows the position of No. 40 on FIELD LANE.