8, PINEBANKS, LOWESTOFT, NR32 2QE - £322,000

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

8 PINEBANKS is a small detached house of 74m². It was last sold for £322,000 in March 2016, which was around 4% above the average March 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was A.

8 PINEBANKS Sold Prices

Land registry data shows two sales for 8 PINEBANKS 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 8 PINEBANKS sales were for above 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
2016 29 MAR	£322,000	£308,457	4% above HPI
2014 11 SEP	£290,000	£282,904	3% above HPI

8 PINEBANKS 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 8 PINEBANKS sales from September 2014 and March 2016 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 September 2014 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2016 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 8 PINEBANKS?

8 PINEBANKS is 74m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 30% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 8 PINEBANKS lies on this distribution: 22% of detached houses are smaller than 8 PINEBANKS, and 77% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

8 PINEBANKS: Plot and Title Map

8 PINEBANKS sits on a plot of roughly 0.153 of an acre, or 619m². The below map shows the location of 8 PINEBANKS, 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 8 PINEBANKS). 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 8 PINEBANKS?

8 PINEBANKS is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 8 on PINEBANKS.