138, WAVENEY DRIVE, LOWESTOFT, NR33 0TR - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

138 WAVENEY DRIVE is a large detached house of 120m², built sometime between 1930 and 1949. It was last sold for £250,000 in July 2022, which was around 42% below the average July 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2022, where the current energy rating was E, and the potential energy rating was B.

138 WAVENEY DRIVE Sold Prices

Land registry data shows two sales for 138 WAVENEY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 138 WAVENEY DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 1 JUL	£250,000	£433,680	42% below HPI
1998 12 JUN	£67,000	£87,213	23% below HPI

138 WAVENEY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 138 WAVENEY DRIVE sales from June 1998 and July 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 1998 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2022 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 138 WAVENEY DRIVE?

138 WAVENEY DRIVE is 120m² according to the EPC inspection conducted in January 2022. This puts it in the largest 30% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 138 WAVENEY DRIVE lies on this distribution: 72% of detached houses are smaller than 138 WAVENEY DRIVE, and 27% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

138 WAVENEY DRIVE: Plot and Title Map

138 WAVENEY DRIVE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 138 WAVENEY DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 138 WAVENEY DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 138 WAVENEY DRIVE?

138 WAVENEY DRIVE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 138 on WAVENEY DRIVE.