9, LAKELAND DRIVE, LOWESTOFT, NR32 2QS - £155,000

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.

9 LAKELAND DRIVE is a small terraced house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £188,984. It was last sold for £155,000 in November 2019, which was around 11% below the average November 2019 terraced price in the East Suffolk local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

9 LAKELAND DRIVE Sold Prices

Land registry data shows three sales for 9 LAKELAND DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. One of the three 9 LAKELAND DRIVE sales was for below the average price, whilst two were for above 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 1 NOV	£155,000	£174,480	11% below HPI
2014 7 APR	£130,000	£128,782	1% above HPI
2009 21 AUG	£120,000	£116,806	3% above HPI

9 LAKELAND DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Suffolk local authority area over time, sourced from the HPI. The three 9 LAKELAND DRIVE sales between August 2009 and November 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 April 2014 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2019 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 9 LAKELAND DRIVE be worth now?

9 LAKELAND DRIVE might now be worth an estimated £188,984.

This is based on house price inflation of 21.9%, between November 2019 and July 2025, for terraced 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 21.9% inflationary increase is applied to the most recent sale price for 9 LAKELAND DRIVE of £155,000 on 1st November 2019. For the value to have increased from £155,000 to £188,984 over the six years and four months to July 2025, the following assumptions must hold true:

• The value of 9 LAKELAND DRIVE has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The November 2019 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 9 LAKELAND DRIVE has not materially changed since November 2019.

How Large is 9 LAKELAND DRIVE?

9 LAKELAND DRIVE is 82m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 40% of terraced houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lowestoft, and where 9 LAKELAND DRIVE lies on this distribution: 33% of terraced houses houses are smaller than 9 LAKELAND DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

9 LAKELAND DRIVE: Plot and Title Map

9 LAKELAND DRIVE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 9 LAKELAND 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 9 LAKELAND 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 9 LAKELAND DRIVE?

9 LAKELAND DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 9 on LAKELAND DRIVE.