7, HIGHER DRIVE, LOWESTOFT, NR32 3DA - £218,000

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.

7 HIGHER DRIVE is a large extended semi-detached house of 85m², built sometime between 1930 and 1949, which could now be worth an estimated £255,827. It was last sold for £218,000 in July 2020, which was around 5% below the average July 2020 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was B.

7 HIGHER DRIVE Sold Prices

Land registry data shows one sale for 7 HIGHER DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 3 JUL	£218,000	£230,578	5% below HPI

What might 7 HIGHER DRIVE be worth now?

7 HIGHER DRIVE might now be worth an estimated £255,827.

This is based on house price inflation of 17.4%, between July 2020 and April 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 17.4% inflationary increase is applied to the most recent sale price for 7 HIGHER DRIVE of £218,000 on 3rd July 2020. For the value to have increased from £218,000 to £255,827 over the six years and three months to April 2026, the following assumptions must hold true:

• The value of 7 HIGHER DRIVE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The July 2020 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HIGHER DRIVE has not materially changed since July 2020.

How Large is 7 HIGHER DRIVE?

7 HIGHER DRIVE is 85m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 40% of semi-detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Lowestoft, and where 7 HIGHER DRIVE lies on this distribution: 65% of semi-detached houses are smaller than 7 HIGHER DRIVE, and 34% of semi-detached houses are larger. Note that EPC data is not available for all properties in Lowestoft.

7 HIGHER DRIVE: Plot

7 HIGHER DRIVE sits on a plot of roughly 0.089 of an acre, or 362m².

Where is 7 HIGHER DRIVE?

7 HIGHER DRIVE is located in LOWESTOFT, in the NR32 postcode district.