3, LAXFIELD WAY, LOWESTOFT, NR33 7HQ - £180,000

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.

3 LAXFIELD WAY is a very small terraced house of 57m², built sometime between 1967 and 1975, which could now be worth an estimated £180,019. It was last sold for £180,000 in December 2023, which was around 14% below the average December 2023 terraced price in the East Suffolk local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

3 LAXFIELD WAY Sold Prices

Land registry data shows five sales for 3 LAXFIELD WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. Most of the five 3 LAXFIELD WAY 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
2023 8 DEC	£180,000	£210,249	14% below HPI
2017 10 APR	£139,950	£158,958	12% below HPI
2010 12 NOV	£111,000	£124,610	11% below HPI
2004 17 AUG	£98,500	£107,179	8% below HPI
1996 29 MAY	£36,500	£34,724	5% above HPI

3 LAXFIELD WAY 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 five 3 LAXFIELD WAY sales between May 1996 and December 2023 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 2017 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 3 LAXFIELD WAY be worth now?

3 LAXFIELD WAY might now be worth an estimated £180,019.

This is based on house price inflation of 0%, between December 2023 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 0% inflationary increase is applied to the most recent sale price for 3 LAXFIELD WAY of £180,000 on 8th December 2023. For the value to have increased from £180,000 to £180,019 over the two years and six months to June 2025, the following assumptions must hold true:

• The value of 3 LAXFIELD WAY has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The December 2023 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LAXFIELD WAY has not materially changed since December 2023.

How Large is 3 LAXFIELD WAY?

3 LAXFIELD WAY is 57m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% 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 3 LAXFIELD WAY lies on this distribution: 3% of terraced houses houses are smaller than 3 LAXFIELD WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

3 LAXFIELD WAY: Plot and Title Map

3 LAXFIELD WAY sits on a plot of roughly 0.033 of an acre, or 135m². The below map shows the location of 3 LAXFIELD WAY, 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 3 LAXFIELD WAY). 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 3 LAXFIELD WAY?

3 LAXFIELD WAY is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 3 on LAXFIELD WAY.