20, DERWENT GARDENS, LOWESTOFT, NR32 4TN - £232,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

20 DERWENT GARDENS is a very small detached house of 66m², built sometime between 1983 and 1990, which could now be worth an estimated £289,387. It was last sold for £232,500 in April 2019, which was around 32% below the average April 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

20 DERWENT GARDENS Sold Prices

Land registry data shows two sales for 20 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 20 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
2019 5 APR	£232,500	£339,885	32% below HPI
2018 28 SEP	£186,000	£357,765	48% below HPI

20 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 20 DERWENT GARDENS sales from September 2018 and April 2019 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 September 2018 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the April 2019 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 20 DERWENT GARDENS be worth now?

20 DERWENT GARDENS might now be worth an estimated £289,387.

This is based on house price inflation of 24.5%, between April 2019 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.5% inflationary increase is applied to the most recent sale price for 20 DERWENT GARDENS of £232,500 on 5th April 2019. For the value to have increased from £232,500 to £289,387 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 20 DERWENT GARDENS has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The April 2019 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 20 DERWENT GARDENS has not materially changed since April 2019.

How Large is 20 DERWENT GARDENS?

20 DERWENT GARDENS is 66m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowestoft, and where 20 DERWENT GARDENS lies on this distribution: 12% of detached houses houses are smaller than 20 DERWENT GARDENS, and 87% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

20 DERWENT GARDENS: Plot and Title Map

20 DERWENT GARDENS sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 20 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 20 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 20 DERWENT GARDENS?

20 DERWENT GARDENS is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 20 on DERWENT GARDENS.