66, LAXFIELD WAY, LOWESTOFT, NR33 7HH - £272,000

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.

66 LAXFIELD WAY is a large extended detached house of 111m², built sometime between 1983 and 1990, which could now be worth an estimated £297,910. It was last sold for £272,000 in June 2021, which was around 29% below the average June 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

66 LAXFIELD WAY Sold Prices

Land registry data shows three sales for 66 LAXFIELD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 66 LAXFIELD WAY 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
2021 4 JUN	£272,000	£380,583	29% below HPI
2013 10 SEP	£170,000	£263,955	36% below HPI
2003 27 MAY	£177,500	£184,177	4% below HPI

66 LAXFIELD WAY 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 three 66 LAXFIELD WAY sales between May 2003 and June 2021 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 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 66 LAXFIELD WAY be worth now?

66 LAXFIELD WAY might now be worth an estimated £297,910.

This is based on house price inflation of 9.5%, between June 2021 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 9.5% inflationary increase is applied to the most recent sale price for 66 LAXFIELD WAY of £272,000 on 4th June 2021. For the value to have increased from £272,000 to £297,910 over the four years to June 2025, the following assumptions must hold true:

• The value of 66 LAXFIELD WAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The June 2021 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of 66 LAXFIELD WAY has not materially changed since June 2021.

How Large is 66 LAXFIELD WAY?

66 LAXFIELD WAY is 111m², which includes four extensions, according to the EPC inspection conducted in March 2013. 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 66 LAXFIELD WAY lies on this distribution: 65% of detached houses houses are smaller than 66 LAXFIELD WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

66 LAXFIELD WAY: Plot and Title Map

66 LAXFIELD WAY sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 66 LAXFIELD WAY, 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 66 LAXFIELD WAY). 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 66 LAXFIELD WAY?

66 LAXFIELD WAY is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 66 on LAXFIELD WAY.