18, DERWENT GARDENS, LOWESTOFT, NR32 4TN - £193,000

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

18 DERWENT GARDENS is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £193,000 in October 2017, which was around 44% below the average October 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

18 DERWENT GARDENS Sold Prices

Land registry data shows two sales for 18 DERWENT GARDENS 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 18 DERWENT GARDENS 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
2017 27 OCT	£193,000	£345,681	44% below HPI
2002 20 AUG	£125,000	£162,008	23% below HPI

18 DERWENT GARDENS 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 18 DERWENT GARDENS sales from August 2002 and October 2017 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 August 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2017 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 18 DERWENT GARDENS?

18 DERWENT GARDENS is 66m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 18 DERWENT GARDENS lies on this distribution: 12% of detached houses are smaller than 18 DERWENT GARDENS, and 87% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

18 DERWENT GARDENS: Plot and Title Map

18 DERWENT GARDENS sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 18 DERWENT GARDENS, 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 18 DERWENT GARDENS). 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 18 DERWENT GARDENS?

18 DERWENT GARDENS is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 18 on DERWENT GARDENS.