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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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16, Earth Lane, Lowestoft is described in the public record as a mid-century house with 871 ft2 of internal area, sitting on a 212 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 16, Earth Lane, Lowestoft is £217,018 and its rental estimate is £997 per month, given the available information and assuming reasonable condition.
Earth Lane, Lound, Lowestoft, NR32 falls within the NR32 postal district, in the borough of East Suffolk.
16, Earth Lane, Lowestoft has no recent1 records in the the Land Registry and a single entry in the EPC database dated November 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 16, Earth Lane, Lowestoft, we estimate a market value of £227,869 and a rental value of £1,046 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £201,827 and £927 per month respectively.
Over the last year, 16, Earth Lane, Lowestoft has seen its estimated sale value drop by £2,799 (1.3%) and its estimated rental value rise by £29 per month (2.9%). This results in an estimated gross rental yield of 5.5%.
HM Land Registry records the plot of land for 16, Earth Lane, Lowestoft as measuring 212 m2.
That makes it the 4th largest plot in the postcode, where 6 of the 15 other houses have recorded plot data.
16, Earth Lane, Lowestoft has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Nov 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
The most recent sale of 16, Earth Lane, Lowestoft completed on 11th December 2003 at £28,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Over the past 2 years 3 properties similar to 16, Earth Lane, Lowestoft have sold within a radius of 2.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd September 2021, was 10, Earth Lane, Lowestoft, NR32 5LN, a freehold house which sold for £222,500.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 16 addresses on Earth Lane, Lound, Lowestoft, NR32, 16, Earth Lane, Lowestoft comes out as the 6th largest and the 5th most expensive in our analysis of the public data.
It is also £11k less expensive than the average property across the NR32 district.
From 16, Earth Lane, Lowestoft, the nearest station is Somerleyton, 3.3 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Earth Lane, Lowestoft, 42.6% of property is privately owned outright and 28.4% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 16, Earth Lane, Lowestoft, 9.4% of residents are recorded as possessing school level qualifications and 22.9% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 16, Earth Lane, Lowestoft, the average age was 50.4 and the most common age was 72.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 16, Earth Lane, Lowestoft, 0.3% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 16, Earth Lane, Lowestoft, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
