34, LAXFIELD WAY, LOWESTOFT, NR33 7HH - £197,500

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.

34 LAXFIELD WAY is a small extended detached house of 81m², built sometime between 1983 and 1990, which could now be worth an estimated £242,505. It was last sold for £197,500 in November 2017, which was around 43% below the average November 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

34 LAXFIELD WAY Sold Prices

Land registry data shows two sales for 34 LAXFIELD WAY 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 34 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
2017 8 NOV	£197,500	£344,536	43% below HPI
2011 25 NOV	£158,000	£252,606	37% below HPI

34 LAXFIELD WAY 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 34 LAXFIELD WAY sales from November 2011 and November 2017 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 2011 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2017 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 34 LAXFIELD WAY be worth now?

34 LAXFIELD WAY might now be worth an estimated £242,505.

This is based on house price inflation of 22.8%, between November 2017 and February 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 22.8% inflationary increase is applied to the most recent sale price for 34 LAXFIELD WAY of £197,500 on 8th November 2017. For the value to have increased from £197,500 to £242,505 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 34 LAXFIELD WAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The November 2017 sale price of £197,500 represented a fair market value for the property.
• The size, condition, and specification of 34 LAXFIELD WAY has not materially changed since November 2017.

How Large is 34 LAXFIELD WAY?

34 LAXFIELD WAY is 81m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 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 34 LAXFIELD WAY lies on this distribution: 32% of detached houses houses are smaller than 34 LAXFIELD WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

34 LAXFIELD WAY: Plot and Title Map

34 LAXFIELD WAY sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 34 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 34 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 34 LAXFIELD WAY?

34 LAXFIELD WAY is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 34 on LAXFIELD WAY.