2, EVANS DRIVE, LOWESTOFT, NR32 2RT - £185,000

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

2 EVANS DRIVE is a small detached house of 78m², built sometime between 1976 and 1982. It was last sold for £185,000 in August 2016, which was around 42% below the average August 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

2 EVANS DRIVE Sold Prices

Land registry data shows two sales for 2 EVANS 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 2 EVANS 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
2016 8 AUG	£185,000	£320,108	42% below HPI
2015 2 JUL	£130,000	£296,792	56% below HPI

2 EVANS 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 2 EVANS DRIVE sales from July 2015 and August 2016 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 2015 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the August 2016 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 2 EVANS DRIVE?

2 EVANS DRIVE is 78m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 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 2 EVANS DRIVE lies on this distribution: 28% of detached houses are smaller than 2 EVANS DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 EVANS DRIVE: Plot and Title Map

2 EVANS DRIVE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 2 EVANS 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 2 EVANS 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 2 EVANS DRIVE?

2 EVANS DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 2 on EVANS DRIVE.