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20, Earth Lane, Lowestoft is recorded publicly as a mid-century freehold house across 527 ft2 of internal area, sitting on a 180 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 20, Earth Lane, Lowestoft is £163,507 and its rental estimate is £762 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.
20, Earth Lane, Lowestoft has a single entry in the Land Registry from January 2019 and a single entry in the EPC database dated January 2018.
We combine this information with that 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 20, Earth Lane, Lowestoft, we estimate a market value of £171,682 and a rental value of £800 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £152,062 and £709 per month respectively.
Over the last year, 20, Earth Lane, Lowestoft has seen its estimated sale value decrease by £933 (0.6%) and its estimated rental value grow by £27 per month (3.6%). This results in an estimated gross rental yield of 5.6%.
HM Land Registry records the plot of land for 20, Earth Lane, Lowestoft as measuring 180 m2.
That makes it the 5th largest plot in the postcode, where 6 of the 15 other houses have recorded plot data.
20, Earth Lane, Lowestoft has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jan 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
The most recent sale of 20, Earth Lane, Lowestoft completed on 11th January 2019 at £125,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 17.6% over the period since January 2019.
Over the past 2 years 3 properties similar to 20, 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 17th June 2022, was 9, The Laurels, Great Yarmouth, NR31 9DD, a freehold house which sold for £178,250.
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, 20, Earth Lane, Lowestoft comes out as the 15th largest and the 14th most expensive in our analysis of the public data.
It is also £64k less expensive than the average property across the NR32 district.
From 20, 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 20, 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 20, 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 20, 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 20, 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 20, 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.