7A, HALL LANE, OULTON, LOWESTOFT, NR32 3AT - £254,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7A HALL LANE is a small detached house of 75m², built sometime from 2007 onwards, which could now be worth an estimated £287,717. It was last sold for £254,000 in March 2021, which was around 32% below the average March 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

7A HALL LANE Sold Prices

Land registry data shows three sales for 7A HALL LANE 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 7A HALL 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
2021 18 MAR	£254,000	£371,477	32% below HPI
2009 16 JUN	£220,000	£222,768	1% below HPI
2004 12 MAY	£146,000	£211,719	31% below HPI

7A HALL 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 three 7A HALL LANE sales between May 2004 and March 2021 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 June 2009 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 7A HALL LANE be worth now?

7A HALL LANE might now be worth an estimated £287,717.

This is based on house price inflation of 13.3%, between March 2021 and July 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.3% inflationary increase is applied to the most recent sale price for 7A HALL LANE of £254,000 on 18th March 2021. For the value to have increased from £254,000 to £287,717 over the three years and eight months to July 2025, the following assumptions must hold true:

• The value of 7A HALL LANE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The March 2021 sale price of £254,000 represented a fair market value for the property.
• The size, condition, and specification of 7A HALL LANE has not materially changed since March 2021.

How Large is 7A HALL LANE?

7A HALL LANE is 75m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowestoft, and where 7A HALL LANE lies on this distribution: 23% of detached houses houses are smaller than 7A HALL LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

7A HALL LANE: Plot and Title Map

7A HALL LANE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 7A HALL 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 7A HALL 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 7A HALL LANE?

7A HALL LANE is located in OULTON, in the NR32 postcode district. The below map shows the position of No. 7A on HALL LANE.