6, SANDS LANE, LOWESTOFT, NR32 3EU - £191,500

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.

6 SANDS LANE is a midsized extended semi-detached house of 103m², built sometime between 1976 and 1982, which could now be worth an estimated £227,045. It was last sold for £191,500 in July 2019, which was around 15% below the average July 2019 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

6 SANDS LANE Sold Prices

Land registry data shows two sales for 6 SANDS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 6 SANDS LANE 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 11 JUL	£191,500	£225,529	15% below HPI
2009 16 MAR	£138,000	£147,973	7% below HPI

6 SANDS LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 6 SANDS LANE sales from March 2009 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 March 2009 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2019 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 6 SANDS LANE be worth now?

6 SANDS LANE might now be worth an estimated £227,045.

This is based on house price inflation of 18.6%, between July 2019 and May 2026, for semi-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 18.6% inflationary increase is applied to the most recent sale price for 6 SANDS LANE of £191,500 on 11th July 2019. For the value to have increased from £191,500 to £227,045 over the seven years and two months to May 2026, the following assumptions must hold true:

• The value of 6 SANDS LANE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The July 2019 sale price of £191,500 represented a fair market value for the property.
• The size, condition, and specification of 6 SANDS LANE has not materially changed since July 2019.

How Large is 6 SANDS LANE?

6 SANDS LANE is 103m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the largest 50% of semi-detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lowestoft, and where 6 SANDS LANE lies on this distribution: 57% of semi-detached houses houses are smaller than 6 SANDS LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

6 SANDS LANE: Plot and Title Map

6 SANDS LANE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 6 SANDS LANE, 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 6 SANDS LANE). 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 6 SANDS LANE?

6 SANDS LANE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 6 on SANDS LANE.