27, HOUGHTON DRIVE, OULTON, LOWESTOFT, NR32 3HR - £245,000

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

27 HOUGHTON DRIVE is a midsized extended detached house of 96m², built sometime between 1996 and 2002. It was last sold for £245,000 in August 2014, which was around 11% below the average August 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

27 HOUGHTON DRIVE Sold Prices

Land registry data shows two sales for 27 HOUGHTON 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 27 HOUGHTON 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
2014 8 AUG	£245,000	£276,803	11% below HPI
2005 20 MAY	£187,995	£215,741	13% below HPI

27 HOUGHTON 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 27 HOUGHTON DRIVE sales from May 2005 and August 2014 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2014 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 27 HOUGHTON DRIVE?

27 HOUGHTON DRIVE is 96m², which includes one extension, according to the EPC inspection conducted in March 2014. 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 27 HOUGHTON DRIVE lies on this distribution: 49% of detached houses are smaller than 27 HOUGHTON DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

27 HOUGHTON DRIVE: Plot and Title Map

27 HOUGHTON DRIVE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 27 HOUGHTON 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 27 HOUGHTON 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 27 HOUGHTON DRIVE?

27 HOUGHTON DRIVE is located in OULTON, in the NR32 postcode district. The below map shows the position of No. 27 on HOUGHTON DRIVE.