10, IVY LANE, LOWESTOFT, NR33 8QH - £318,000

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.

10 IVY LANE is a large detached house of 109m², built sometime between 2003 and 2006, which could now be worth an estimated £336,091. It was last sold for £318,000 in October 2021, which was around 19% below the average October 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

10 IVY LANE Sold Prices

Land registry data shows three sales for 10 IVY 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 10 IVY 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 11 OCT	£318,000	£394,400	19% below HPI
2015 27 NOV	£247,500	£302,373	18% below HPI
2005 18 APR	£184,950	£217,931	15% below HPI

10 IVY 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 10 IVY LANE sales between April 2005 and October 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 November 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 10 IVY LANE be worth now?

10 IVY LANE might now be worth an estimated £336,091.

This is based on house price inflation of 5.7%, between October 2021 and June 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 5.7% inflationary increase is applied to the most recent sale price for 10 IVY LANE of £318,000 on 11th October 2021. For the value to have increased from £318,000 to £336,091 over the four years and four months to June 2025, the following assumptions must hold true:

• The value of 10 IVY LANE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2021 sale price of £318,000 represented a fair market value for the property.
• The size, condition, and specification of 10 IVY LANE has not materially changed since October 2021.

How Large is 10 IVY LANE?

10 IVY LANE is 109m² according to the EPC inspection conducted in July 2021. This puts it in the largest 40% 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 10 IVY LANE lies on this distribution: 62% of detached houses houses are smaller than 10 IVY LANE, and 37% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

10 IVY LANE: Plot and Title Map

10 IVY LANE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 10 IVY 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 10 IVY 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 10 IVY LANE?

10 IVY LANE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 10 on IVY LANE.