48, SANDS LANE, OULTON, LOWESTOFT, NR32 3EZ - £230,000

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

48 SANDS LANE is a midsized extended detached house of 93m², built sometime between 1967 and 1975. It was last sold for £230,000 in September 2020, which was around 37% below the average September 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

48 SANDS LANE Sold Prices

Land registry data shows two sales for 48 SANDS 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 48 SANDS 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
2020 30 SEP	£230,000	£366,905	37% below HPI
2014 7 JAN	£55,995	£262,038	79% below HPI

48 SANDS 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 48 SANDS LANE sales from January 2014 and September 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 January 2014 sale was for 79% below the HPI. So the extrapolation line tracks at 79% below the HPI over time, until the September 2020 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 48 SANDS LANE?

48 SANDS LANE is 93m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 50% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 48 SANDS LANE lies on this distribution: 46% of detached houses are smaller than 48 SANDS LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

48 SANDS LANE: Plot and Title Map

48 SANDS LANE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 48 SANDS 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 48 SANDS 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 48 SANDS LANE?

48 SANDS LANE is located in OULTON, in the NR32 postcode district. The below map shows the position of No. 48 on SANDS LANE.