7, LYNGATE AVENUE, LOWESTOFT, NR33 9JD - £200,000

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 LYNGATE AVENUE is a very small detached house of 62m², built sometime between 1950 and 1966, which could now be worth an estimated £236,494. It was last sold for £200,000 in September 2018, which was around 44% below the average September 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

7 LYNGATE AVENUE Sold Prices

Land registry data shows four sales for 7 LYNGATE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 7 LYNGATE AVENUE 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
2018 4 SEP	£200,000	£357,765	44% below HPI
2014 12 MAR	£149,995	£259,148	42% below HPI
2001 19 OCT	£79,950	£141,897	44% below HPI
2000 16 AUG	£66,100	£119,015	44% below HPI

7 LYNGATE AVENUE 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 four 7 LYNGATE AVENUE sales between August 2000 and September 2018 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 2014 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the September 2018 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 7 LYNGATE AVENUE be worth now?

7 LYNGATE AVENUE might now be worth an estimated £236,494.

This is based on house price inflation of 18.2%, between September 2018 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 18.2% inflationary increase is applied to the most recent sale price for 7 LYNGATE AVENUE of £200,000 on 4th September 2018. For the value to have increased from £200,000 to £236,494 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 7 LYNGATE AVENUE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The September 2018 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LYNGATE AVENUE has not materially changed since September 2018.

How Large is 7 LYNGATE AVENUE?

7 LYNGATE AVENUE is 62m² according to the EPC inspection conducted in August 2013. 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 7 LYNGATE AVENUE lies on this distribution: 8% of detached houses houses are smaller than 7 LYNGATE AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

7 LYNGATE AVENUE: Plot and Title Map

7 LYNGATE AVENUE sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 7 LYNGATE AVENUE, 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 7 LYNGATE AVENUE). 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 7 LYNGATE AVENUE?

7 LYNGATE AVENUE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 7 on LYNGATE AVENUE.