118, HIGHER DRIVE, LOWESTOFT, NR32 3DE - £180,000

118 HIGHER DRIVE is a very small extended detached house of 54m², built sometime between 1950 and 1966. It was last sold for £180,000 in September 2014, which was around 36% below the average September 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

118 HIGHER DRIVE Sold Prices

Land registry data shows two sales for 118 HIGHER DRIVE 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 118 HIGHER DRIVE 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
2014 2 SEP	£180,000	£282,904	36% below HPI
2014 4 APR	£144,000	£264,724	46% below HPI

118 HIGHER DRIVE 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 118 HIGHER DRIVE sales from April 2014 and September 2014 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 April 2014 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the September 2014 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 118 HIGHER DRIVE?

118 HIGHER DRIVE is 54m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 118 HIGHER DRIVE lies on this distribution: 2% of detached houses are smaller than 118 HIGHER DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

118 HIGHER DRIVE: Plot and Title Map

118 HIGHER DRIVE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 118 HIGHER DRIVE, 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 118 HIGHER DRIVE). 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 118 HIGHER DRIVE?

118 HIGHER DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 118 on HIGHER DRIVE.