88, HIGHER DRIVE, LOWESTOFT, NR32 3DD - £142,000

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.

88 HIGHER DRIVE is a very small detached house of 60m², built sometime between 1950 and 1966, which could now be worth an estimated £227,721. It was last sold for £142,000 in July 2010, which was around 44% below the average July 2010 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was D.

88 HIGHER DRIVE Sold Prices

Land registry data shows one sale for 88 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
2010 16 JUL	£142,000	£254,413	44% below HPI

What might 88 HIGHER DRIVE be worth now?

88 HIGHER DRIVE might now be worth an estimated £227,721.

This is based on house price inflation of 60.4%, between July 2010 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 60.4% inflationary increase is applied to the most recent sale price for 88 HIGHER DRIVE of £142,000 on 16th July 2010. For the value to have increased from £142,000 to £227,721 over the sixteen years and two months to May 2026, the following assumptions must hold true:

• The value of 88 HIGHER DRIVE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The July 2010 sale price of £142,000 represented a fair market value for the property.
• The size, condition, and specification of 88 HIGHER DRIVE has not materially changed since July 2010.

How Large is 88 HIGHER DRIVE?

88 HIGHER DRIVE is 60m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 88 HIGHER DRIVE lies on this distribution: 5% of detached houses are smaller than 88 HIGHER DRIVE, and 94% of detached houses are larger. Note that EPC data is not available for all properties in Lowestoft.

88 HIGHER DRIVE: Plot

88 HIGHER DRIVE sits on a plot of roughly 0.188 of an acre, or 760m².

Where is 88 HIGHER DRIVE?

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