103, FIR LANE, LOWESTOFT, NR32 2RD - £132,500

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.

103 FIR LANE is a very small terraced house of 67m², built sometime between 1950 and 1966, which could now be worth an estimated £148,707. It was last sold for £132,500 in December 2020, which was around 29% below the average December 2020 terraced price in the East Suffolk local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

103 FIR LANE Sold Prices

Land registry data shows two sales for 103 FIR LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. Both of the two 103 FIR 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
2020 4 DEC	£132,500	£187,355	29% below HPI
2018 22 NOV	£125,000	£168,482	26% below HPI

103 FIR LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Suffolk local authority area over time, sourced from the HPI. The two 103 FIR LANE sales from November 2018 and December 2020 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 2018 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 103 FIR LANE be worth now?

103 FIR LANE might now be worth an estimated £148,707.

This is based on house price inflation of 12.2%, between December 2020 and June 2025, for terraced 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 12.2% inflationary increase is applied to the most recent sale price for 103 FIR LANE of £132,500 on 4th December 2020. For the value to have increased from £132,500 to £148,707 over the five years and six months to June 2025, the following assumptions must hold true:

• The value of 103 FIR LANE has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The December 2020 sale price of £132,500 represented a fair market value for the property.
• The size, condition, and specification of 103 FIR LANE has not materially changed since December 2020.

How Large is 103 FIR LANE?

103 FIR LANE is 67m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of terraced houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lowestoft, and where 103 FIR LANE lies on this distribution: 13% of terraced houses houses are smaller than 103 FIR LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

103 FIR LANE: Plot and Title Map

103 FIR LANE sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 103 FIR 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 103 FIR 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 103 FIR LANE?

103 FIR LANE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 103 on FIR LANE.