7, FAIRFIELD DRIVE, LOWESTOFT, NR33 8QG - £372,000

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

7 FAIRFIELD DRIVE is a midsized detached house of 101m², built sometime between 1967 and 1975. It was last sold for £372,000 in September 2023, which was around 14% below the average September 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

7 FAIRFIELD DRIVE Sold Prices

Land registry data shows three sales for 7 FAIRFIELD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 7 FAIRFIELD DRIVE 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
2023 26 SEP	£372,000	£432,706	14% below HPI
2006 28 JUL	£215,000	£231,620	7% below HPI
2004 16 JUL	£160,000	£219,642	27% below HPI

7 FAIRFIELD DRIVE 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 three 7 FAIRFIELD DRIVE sales between July 2004 and September 2023 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 July 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 7 FAIRFIELD DRIVE?

7 FAIRFIELD DRIVE is 101m² according to the EPC inspection conducted in September 2022. This puts it in the largest 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 7 FAIRFIELD DRIVE lies on this distribution: 55% of detached houses are smaller than 7 FAIRFIELD DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

7 FAIRFIELD DRIVE: Plot and Title Map

7 FAIRFIELD DRIVE sits on a plot of roughly 0.154 of an acre, or 625m². The below map shows the location of 7 FAIRFIELD DRIVE, 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 7 FAIRFIELD DRIVE). 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 7 FAIRFIELD DRIVE?

7 FAIRFIELD DRIVE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 7 on FAIRFIELD DRIVE.