41, PINEBANKS, LOWESTOFT, NR32 2QE - £265,000

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

41 PINEBANKS is a large detached house of 109m². It was last sold for £265,000 in January 2020, which was around 25% below the average January 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2014, where the current energy rating was B, and the potential energy rating was A.

41 PINEBANKS Sold Prices

Land registry data shows two sales for 41 PINEBANKS 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 41 PINEBANKS 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
2020 31 JAN	£265,000	£354,972	25% below HPI
2015 18 AUG	£222,000	£298,569	26% below HPI

41 PINEBANKS 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 41 PINEBANKS sales from August 2015 and January 2020 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 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 41 PINEBANKS?

41 PINEBANKS is 109m² according to the EPC inspection conducted in December 2014. This puts it in the largest 40% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 41 PINEBANKS lies on this distribution: 62% of detached houses are smaller than 41 PINEBANKS, and 37% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

41 PINEBANKS: Plot and Title Map

41 PINEBANKS sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 41 PINEBANKS, 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 41 PINEBANKS). 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 41 PINEBANKS?

41 PINEBANKS is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 41 on PINEBANKS.