163, HIGHER DRIVE, LOWESTOFT, NR32 3DE - £181,000

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.

163 HIGHER DRIVE is a small detached house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £224,054. It was last sold for £181,000 in February 2017, which was around 45% below the average February 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

163 HIGHER DRIVE Sold Prices

Land registry data shows one sale for 163 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
2017 1 FEB	£181,000	£329,595	45% below HPI

What might 163 HIGHER DRIVE be worth now?

163 HIGHER DRIVE might now be worth an estimated £224,054.

This is based on house price inflation of 23.8%, between February 2017 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 23.8% inflationary increase is applied to the most recent sale price for 163 HIGHER DRIVE of £181,000 on 1st February 2017. For the value to have increased from £181,000 to £224,054 over the eight years and nine months to May 2026, the following assumptions must hold true:

• The value of 163 HIGHER DRIVE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The February 2017 sale price of £181,000 represented a fair market value for the property.
• The size, condition, and specification of 163 HIGHER DRIVE has not materially changed since February 2017.

How Large is 163 HIGHER DRIVE?

163 HIGHER DRIVE is 81m² according to the EPC inspection conducted in August 2016. 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 163 HIGHER DRIVE lies on this distribution: 31% of detached houses are smaller than 163 HIGHER DRIVE, and 67% of detached houses are larger. Note that EPC data is not available for all properties in Lowestoft.

163 HIGHER DRIVE: Plot

163 HIGHER DRIVE sits on a plot of roughly 0.114 of an acre, or 460m².

Where is 163 HIGHER DRIVE?

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