4, PINEBANKS, LOWESTOFT, NR32 2QE - £271,000

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.

4 PINEBANKS is a large detached house of 109m², which could now be worth an estimated £323,282. It was last sold for £271,000 in July 2019, which was around 22% below the average July 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2014, where the current energy rating was B, and the potential energy rating was A.

4 PINEBANKS Sold Prices

Land registry data shows two sales for 4 PINEBANKS 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 4 PINEBANKS 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 4 JUL	£271,000	£349,425	22% below HPI
2014 26 SEP	£224,950	£282,948	20% below HPI

4 PINEBANKS 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 4 PINEBANKS sales from September 2014 and July 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 September 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 4 PINEBANKS be worth now?

4 PINEBANKS might now be worth an estimated £323,282.

This is based on house price inflation of 19.3%, between July 2019 and June 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 19.3% inflationary increase is applied to the most recent sale price for 4 PINEBANKS of £271,000 on 4th July 2019. For the value to have increased from £271,000 to £323,282 over the six years and one month to June 2025, the following assumptions must hold true:

• The value of 4 PINEBANKS has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The July 2019 sale price of £271,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PINEBANKS has not materially changed since July 2019.

How Large is 4 PINEBANKS?

4 PINEBANKS is 109m² according to the EPC inspection conducted in September 2014. This puts it in the largest 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 4 PINEBANKS lies on this distribution: 62% of detached houses houses are smaller than 4 PINEBANKS, and 37% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

4 PINEBANKS: Plot and Title Map

4 PINEBANKS sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 4 PINEBANKS, 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 4 PINEBANKS). 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 4 PINEBANKS?

4 PINEBANKS is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 4 on PINEBANKS.