24, GLOUCESTER AVENUE, LOWESTOFT, NR32 4SQ - £165,000

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.

24 GLOUCESTER AVENUE is a very small detached house of 67m², built sometime between 1976 and 1982, which could now be worth an estimated £182,431. It was last sold for £165,000 in June 2021, which was around 57% below the average June 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was B.

24 GLOUCESTER AVENUE Sold Prices

Land registry data shows two sales for 24 GLOUCESTER AVENUE 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 24 GLOUCESTER AVENUE 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 4 JUN	£165,000	£380,583	57% below HPI
2005 6 MAY	£133,000	£215,775	38% below HPI

24 GLOUCESTER AVENUE 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 24 GLOUCESTER AVENUE sales from May 2005 and June 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 May 2005 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2021 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

What might 24 GLOUCESTER AVENUE be worth now?

24 GLOUCESTER AVENUE might now be worth an estimated £182,431.

This is based on house price inflation of 10.6%, between June 2021 and July 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 10.6% inflationary increase is applied to the most recent sale price for 24 GLOUCESTER AVENUE of £165,000 on 4th June 2021. For the value to have increased from £165,000 to £182,431 over the three years and eleven months to July 2025, the following assumptions must hold true:

• The value of 24 GLOUCESTER AVENUE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The June 2021 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 24 GLOUCESTER AVENUE has not materially changed since June 2021.

How Large is 24 GLOUCESTER AVENUE?

24 GLOUCESTER AVENUE is 67m² according to the EPC inspection conducted in May 2021. 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 24 GLOUCESTER AVENUE lies on this distribution: 13% of detached houses houses are smaller than 24 GLOUCESTER AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

24 GLOUCESTER AVENUE: Plot and Title Map

24 GLOUCESTER AVENUE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 24 GLOUCESTER AVENUE, 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 24 GLOUCESTER AVENUE). 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 24 GLOUCESTER AVENUE?

24 GLOUCESTER AVENUE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 24 on GLOUCESTER AVENUE.