48, LAKELAND DRIVE, LOWESTOFT, NR32 2QT - £215,000

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.

48 LAKELAND DRIVE is a small terraced house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £217,002. It was last sold for £215,000 in March 2024, which was around 2% above the average March 2024 terraced price in the East Suffolk local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

48 LAKELAND DRIVE Sold Prices

Land registry data shows five sales for 48 LAKELAND DRIVE 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 48 LAKELAND 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
2024 22 MAR	£215,000	£210,772	2% above HPI
2023 30 JUN	£170,000	£205,513	17% below HPI
2020 8 JUN	£160,000	£174,505	8% below HPI
2014 26 AUG	£134,000	£135,749	1% below HPI
2005 8 APR	£114,995	£108,837	6% above HPI

48 LAKELAND DRIVE 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 48 LAKELAND DRIVE sales between April 2005 and March 2024 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 June 2023 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2024 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 48 LAKELAND DRIVE be worth now?

48 LAKELAND DRIVE might now be worth an estimated £217,002.

This is based on house price inflation of 0.9%, between March 2024 and July 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 0.9% inflationary increase is applied to the most recent sale price for 48 LAKELAND DRIVE of £215,000 on 22nd March 2024. For the value to have increased from £215,000 to £217,002 over the eight months to July 2025, the following assumptions must hold true:

• The value of 48 LAKELAND DRIVE has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The March 2024 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 48 LAKELAND DRIVE has not materially changed since March 2024.

How Large is 48 LAKELAND DRIVE?

48 LAKELAND DRIVE is 85m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% 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 48 LAKELAND DRIVE lies on this distribution: 37% of terraced houses houses are smaller than 48 LAKELAND DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

48 LAKELAND DRIVE: Plot and Title Map

48 LAKELAND DRIVE sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 48 LAKELAND 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 48 LAKELAND 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 48 LAKELAND DRIVE?

48 LAKELAND DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 48 on LAKELAND DRIVE.