45, WASH LANE, KESSINGLAND, LOWESTOFT, NR33 7QY - £157,500

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

45 WASH LANE is a very small detached house of 66m², built sometime between 1976 and 1982. It was last sold for £157,500 in July 2013, which was around 39% below the average July 2013 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

45 WASH LANE Sold Prices

Land registry data shows two sales for 45 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 45 WASH 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
2013 12 JUL	£157,500	£256,130	39% below HPI
2012 17 JAN	£130,000	£260,137	50% below HPI

45 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 45 WASH LANE sales from January 2012 and July 2013 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 January 2012 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the July 2013 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 45 WASH LANE?

45 WASH LANE is 66m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 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 45 WASH LANE lies on this distribution: 10% of detached houses are smaller than 45 WASH LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Kessingland.

45 WASH LANE: Plot and Title Map

45 WASH LANE sits on a plot of roughly 0.165 of an acre, or 667m². The below map shows the location of 45 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 45 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 45 WASH LANE?

45 WASH LANE is located in KESSINGLAND, in the NR33 postcode district. The below map shows the position of No. 45 on WASH LANE.