24, SUTHERLAND DRIVE, LOWESTOFT, NR32 4LJ - £179,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 SUTHERLAND DRIVE is a midsized extended detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £289,184. It was last sold for £179,950 in August 2013, which was around 32% below the average August 2013 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was B.

24 SUTHERLAND DRIVE Sold Prices

Land registry data shows two sales for 24 SUTHERLAND 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 24 SUTHERLAND 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
2013 16 AUG	£179,950	£263,248	32% below HPI
2000 6 JUN	£86,995	£111,929	22% below HPI

24 SUTHERLAND 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 24 SUTHERLAND DRIVE sales from June 2000 and August 2013 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 June 2000 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2013 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 24 SUTHERLAND DRIVE be worth now?

24 SUTHERLAND DRIVE might now be worth an estimated £289,184.

This is based on house price inflation of 60.7%, between August 2013 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 60.7% inflationary increase is applied to the most recent sale price for 24 SUTHERLAND DRIVE of £179,950 on 16th August 2013. For the value to have increased from £179,950 to £289,184 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of 24 SUTHERLAND DRIVE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The August 2013 sale price of £179,950 represented a fair market value for the property.
• The size, condition, and specification of 24 SUTHERLAND DRIVE has not materially changed since August 2013.

How Large is 24 SUTHERLAND DRIVE?

24 SUTHERLAND DRIVE is 90m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 50% 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 SUTHERLAND DRIVE lies on this distribution: 43% of detached houses houses are smaller than 24 SUTHERLAND DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

24 SUTHERLAND DRIVE: Plot and Title Map

24 SUTHERLAND DRIVE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 24 SUTHERLAND 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 24 SUTHERLAND 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 24 SUTHERLAND DRIVE?

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