8A, Union Lane
8A, Union Lane
Description & Estimates
Public records show 8A, Union Lane, Lowestoft to be a modern freehold house with 1,097 ft2 of internal area, sitting on a 186 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
8A, Union Lane, Lowestoft has an estimated sale value of £249,555 and an estimated rental value of £1,106 per month, assuming reasonable condition and based on the information available.
Union Lane, Oulton, Lowestoft, NR32 lies in the borough of East Suffolk, within the NR32 postal district.
Our Data Sources
8A, Union Lane, Lowestoft has 2 entries in the Land Registry , most recently in August 2024 and a single entry in the EPC database dated March 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 8A, Union Lane, Lowestoft would be worth £262,033, with a potential rental value of £1,162 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £232,086, with a rental value of £1,029 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 8A, Union Lane, Lowestoft has dropped by £3,219 (1.3%) over the last year. During the same period, its estimated monthly rental value has risen by £32 (2.9%). The property's estimated gross yield is currently 5.3%.
Plot Size
8A, Union Lane, Lowestoft occupies a 186 m2 plot as recorded by HM Land Registry.
Of the 30 other houses in this postcode, 21 have recorded plot sizes, and this one ranks as the 19th largest.
Energy Efficiency
8A, Union Lane, Lowestoft has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
8A, Union Lane, Lowestoft last changed hands on 9th August 2024, selling for £235,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 2.0% since August 2024.
- Sold Aug 2024£235,000
- Sold Apr 2019£180,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 850 metres of 8A, Union Lane, Lowestoft across the last 2 years.
Most recently, 20A, Union Lane, Lowestoft, NR32 3AX, a freehold house, sold at £275,000 on the 9th August 2024.
Read more about house prices in NR32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 8A, Union Lane, Lowestoft as the 7th largest and the 9th most expensive of the 30 addresses on Union Lane, Oulton, Lowestoft, NR32.
Against the NR32 postcode district average, it is £22k more expensive than the typical property.
More reading links
Schools Nearby
- 1.0kmThe Limes Primary Academy
- 1.0kmWoods Loke Primary School
- 1.6kmGunton Primary Academy
- 800mBenjamin Britten Academy of Music and Mathematics
- 2.1kmOrmiston Denes Academy
- 3.2kmEast Point Academy
More reading links
Public Transport Nearby
Oulton Broad North station is the nearest stop to 8A, Union Lane, Lowestoft at 2.1 kilometres away.
- 2.1kmOulton Broad North
- 3.1kmOulton Broad South
- 3.2kmLowestoft
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
