31, POUND FARM DRIVE, LOWESTOFT, NR32 4RF - £175,000

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.

31 POUND FARM DRIVE is a very small semi-detached house of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £210,526. It was last sold for £175,000 in November 2019, which was around 23% below the average November 2019 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

31 POUND FARM DRIVE Sold Prices

Land registry data shows two sales for 31 POUND FARM DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 31 POUND FARM 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
2019 29 NOV	£175,000	£227,482	23% below HPI
1999 6 AUG	£46,000	£60,755	24% below HPI

31 POUND FARM DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 31 POUND FARM DRIVE sales from August 1999 and November 2019 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 August 1999 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2019 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 31 POUND FARM DRIVE be worth now?

31 POUND FARM DRIVE might now be worth an estimated £210,526.

This is based on house price inflation of 20.3%, between November 2019 and July 2025, for semi-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 20.3% inflationary increase is applied to the most recent sale price for 31 POUND FARM DRIVE of £175,000 on 29th November 2019. For the value to have increased from £175,000 to £210,526 over the six years and four months to July 2025, the following assumptions must hold true:

• The value of 31 POUND FARM DRIVE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The November 2019 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 31 POUND FARM DRIVE has not materially changed since November 2019.

How Large is 31 POUND FARM DRIVE?

31 POUND FARM DRIVE is 65m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of semi-detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lowestoft, and where 31 POUND FARM DRIVE lies on this distribution: 10% of semi-detached houses houses are smaller than 31 POUND FARM DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

31 POUND FARM DRIVE: Plot and Title Map

31 POUND FARM DRIVE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 31 POUND FARM 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 31 POUND FARM 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 31 POUND FARM DRIVE?

31 POUND FARM DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 31 on POUND FARM DRIVE.