43, FIELD LANE, KESSINGLAND, LOWESTOFT, NR33 7QA - £195,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

43 FIELD LANE is a very small extended detached house of 57m², built sometime between 1967 and 1975. It was last sold for £195,000 in May 2018, which was around 43% below the average May 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2022, where the current energy rating was A, and the potential energy rating was A.

43 FIELD LANE Sold Prices

Land registry data shows two sales for 43 FIELD 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 43 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
2018 31 MAY	£195,000	£342,867	43% below HPI
2017 2 FEB	£130,000	£329,544	61% below HPI

43 FIELD 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 43 FIELD LANE sales from February 2017 and May 2018 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 February 2017 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the May 2018 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 43 FIELD LANE?

43 FIELD LANE is 57m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of detached houses in Kessingland, based on EPC data. The below chart shows the distribution of detached houses by size in Kessingland, and where 43 FIELD LANE lies on this distribution: 5% of detached houses are smaller than 43 FIELD LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Kessingland.

43 FIELD LANE: Plot and Title Map

43 FIELD LANE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 43 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 43 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 43 FIELD LANE?

43 FIELD LANE is located in KESSINGLAND, in the NR33 postcode district. The below map shows the position of No. 43 on FIELD LANE.