WOODVIEW, HUBBARDS LOKE, LOWESTOFT, NR32 4LB - £425,000

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.

WOODVIEW is a large extended detached house of 121m², built sometime between 1967 and 1975, which could now be worth an estimated £446,107. It was last sold for £425,000 in November 2021, which was around 5% above the average November 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

WOODVIEW Sold Prices

Land registry data shows three sales for WOODVIEW 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. The three WOODVIEW sales were a mix of above the average price, roughly equal to the average price, and 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 30 NOV	£425,000	£403,030	5% above HPI
2018 29 JUN	£350,000	£350,527	Close to HPI
2011 15 DEC	£235,000	£257,121	9% below HPI

WOODVIEW 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 WOODVIEW sales between December 2011 and November 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 2018 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2021 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might WOODVIEW be worth now?

WOODVIEW might now be worth an estimated £446,107.

This is based on house price inflation of 5%, between November 2021 and February 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 5% inflationary increase is applied to the most recent sale price for WOODVIEW of £425,000 on 30th November 2021. For the value to have increased from £425,000 to £446,107 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of WOODVIEW has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The November 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of WOODVIEW has not materially changed since November 2021.

How Large is WOODVIEW?

WOODVIEW is 121m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 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 WOODVIEW lies on this distribution: 73% of detached houses houses are smaller than WOODVIEW, and 27% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

WOODVIEW: Plot and Title Map

WOODVIEW sits on a plot of roughly 0.149 of an acre, or 604m². The below map shows the location of WOODVIEW, 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 WOODVIEW). 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 WOODVIEW?

WOODVIEW is located on HUBBARDS LOKE in LOWESTOFT, in the NR32 postcode district. The below map shows the position of WOODVIEW on HUBBARDS LOKE.