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

5 LOW FARM DRIVE is a very small detached house of 55m², built sometime between 1976 and 1982. It was last sold for £340,000 in October 2022, which was around 26% 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	£457,607	26% below HPI
2005 14 JAN	£136,000	£222,555	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 26% below the HPI. The line then continues to track at 26% below the HPI.

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 in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 5 LOW FARM DRIVE lies on this distribution: 2% of detached 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.