5, LOW FARM DRIVE, CARLTON COLVILLE, LOWESTOFT, NR33 8HQ - £340,000

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.

5 LOW FARM DRIVE is a very small detached house of 55m², built sometime between 1976 and 1982, which could now be worth an estimated £326,921. It was last sold for £340,000 in October 2022, which was around 23% below the average October 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

5 LOW FARM DRIVE Sold Prices

Land registry data shows two sales for 5 LOW FARM DRIVE 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 5 LOW 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
2022 11 OCT	£340,000	£439,971	23% below HPI
2005 14 JAN	£136,000	£222,590	39% below HPI

5 LOW FARM DRIVE 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 5 LOW FARM DRIVE sales from January 2005 and October 2022 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 January 2005 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 5 LOW FARM DRIVE be worth now?

5 LOW FARM DRIVE might now be worth an estimated £326,921.

This is based on house price deflation of 3.8%, between October 2022 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 3.8% deflationary decrease is applied to the most recent sale price for 5 LOW FARM DRIVE of £340,000 on 11th October 2022. For the value to have decreased from £340,000 to £326,921 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 LOW FARM DRIVE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2022 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LOW FARM DRIVE has not materially changed since October 2022.

How Large is 5 LOW FARM DRIVE?

5 LOW FARM DRIVE is 55m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% 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 5 LOW FARM DRIVE lies on this distribution: 2% of detached houses houses are smaller than 5 LOW FARM DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

5 LOW FARM DRIVE: Plot and Title Map

5 LOW FARM DRIVE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 5 LOW 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 5 LOW 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 5 LOW FARM DRIVE?

5 LOW FARM DRIVE is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 5 on LOW FARM DRIVE.