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
75 FIR LANE is a midsized extended detached house of 95m², built sometime between 1950 and 1966. It was last sold for £150,000 in July 2011, which was around 40% below the average July 2011 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 75 FIR LANE since 1st 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 75 FIR 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 |
---|---|---|---|
2011 11 JUL | £150,000 | £251,240 | 40% below HPI |
1995 13 DEC | £64,000 | £73,915 | 13% below HPI |
1995 4 MAY | £67,950 | £75,650 | 10% below HPI |
The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 75 FIR LANE sales between May 1995 and July 2011 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 December 1995 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2011 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.
75 FIR LANE is 95m², which includes two extensions, according to the EPC inspection conducted in October 2010. 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 75 FIR LANE lies on this distribution: 49% of detached houses are smaller than 75 FIR LANE, and 51% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.
75 FIR LANE sits on a plot of roughly 0.167 of an acre, or 677m². The below map shows the location of 75 FIR 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 75 FIR 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.
75 FIR LANE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 75 on FIR LANE.