16, GUNTON DRIVE, LOWESTOFT, NR32 4QB - £300,000

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

16 GUNTON DRIVE is a small detached house of 81m², built sometime between 1930 and 1949. It was last sold for £300,000 in July 2024, which was around 29% below the average July 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

16 GUNTON DRIVE Sold Prices

Land registry data shows two sales for 16 GUNTON 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 16 GUNTON 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
2024 11 JUL	£300,000	£425,333	29% below HPI
2000 16 JUN	£89,950	£111,912	20% below HPI

16 GUNTON 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 16 GUNTON DRIVE sales from June 2000 and July 2024 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 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2024 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 16 GUNTON DRIVE?

16 GUNTON DRIVE is 81m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 40% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 16 GUNTON DRIVE lies on this distribution: 32% of detached houses are smaller than 16 GUNTON DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

16 GUNTON DRIVE: Plot and Title Map

16 GUNTON DRIVE sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 16 GUNTON 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 16 GUNTON 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 16 GUNTON DRIVE?

16 GUNTON DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 16 on GUNTON DRIVE.