1A, GREEN DRIVE, LOWESTOFT, NR33 7JP - £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

1A GREEN DRIVE is a midsized detached house of 89m². It was last sold for £300,000 in January 2021, which was around 20% below the average January 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2020, where the current energy rating was B, and the potential energy rating was A.

1A GREEN DRIVE Sold Prices

Land registry data shows two sales for 1A GREEN 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 1A GREEN 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
2021 25 JAN	£300,000	£373,856	20% below HPI
2019 18 JUL	£50,000	£349,371	86% below HPI

1A GREEN 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 1A GREEN DRIVE sales from July 2019 and January 2021 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 July 2019 sale was for 86% below the HPI. So the extrapolation line tracks at 86% below the HPI over time, until the January 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 1A GREEN DRIVE?

1A GREEN DRIVE is 89m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 50% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 1A GREEN DRIVE lies on this distribution: 42% of detached houses are smaller than 1A GREEN DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1A GREEN DRIVE: Plot and Title Map

1A GREEN DRIVE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 1A GREEN 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 1A GREEN 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 1A GREEN DRIVE?

1A GREEN DRIVE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 1A on GREEN DRIVE.