8, SANDS LANE, OULTON, LOWESTOFT, NR32 3EX - £169,995

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

8 SANDS LANE is a small extended detached house of 83m², built sometime between 1967 and 1975. It was last sold for £169,995 in July 2006, which was around 27% below the average July 2006 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

8 SANDS LANE Sold Prices

Land registry data shows two sales for 8 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 8 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
2006 20 JUL	£169,995	£231,620	27% below HPI
2003 23 MAY	£135,000	£184,148	27% below HPI

8 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 8 SANDS LANE sales from May 2003 and July 2006 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 May 2003 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2006 sale, which was also at 27% below the HPI.

How Large is 8 SANDS LANE?

8 SANDS LANE is 83m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the smallest 40% 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 SANDS LANE lies on this distribution: 34% of detached houses are smaller than 8 SANDS LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

8 SANDS LANE: Plot and Title Map

8 SANDS LANE sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 8 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 8 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 8 SANDS LANE?

8 SANDS LANE is located in OULTON, in the NR32 postcode district. The below map shows the position of No. 8 on SANDS LANE.