138, HIGHER DRIVE, LOWESTOFT, NR32 3DE - £236,500

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.

138 HIGHER DRIVE is a small detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £231,951. It was last sold for £236,500 in May 2023, which was around 43% below the average May 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2023, where the current energy rating was F, and the potential energy rating was C.

138 HIGHER DRIVE Sold Prices

Land registry data shows one sale for 138 HIGHER DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
2023 23 MAY	£236,500	£415,995	43% below HPI

What might 138 HIGHER DRIVE be worth now?

138 HIGHER DRIVE might now be worth an estimated £231,951.

This is based on house price deflation of 1.9%, between May 2023 and May 2026, 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 1.9% deflationary decrease is applied to the most recent sale price for 138 HIGHER DRIVE of £236,500 on 23rd May 2023. For the value to have decreased from £236,500 to £231,951 over the three years to May 2026, the following assumptions must hold true:

• The value of 138 HIGHER DRIVE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The May 2023 sale price of £236,500 represented a fair market value for the property.
• The size, condition, and specification of 138 HIGHER DRIVE has not materially changed since May 2023.

How Large is 138 HIGHER DRIVE?

138 HIGHER DRIVE is 82m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 40% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 138 HIGHER DRIVE lies on this distribution: 33% of detached houses are smaller than 138 HIGHER DRIVE, and 66% of detached houses are larger. Note that EPC data is not available for all properties in Lowestoft.

138 HIGHER DRIVE: Plot

138 HIGHER DRIVE sits on a plot of roughly 0.095 of an acre, or 385m².

Where is 138 HIGHER DRIVE?

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