288, NORMANSTON DRIVE, LOWESTOFT, NR32 2PS - £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

288 NORMANSTON DRIVE is a very large extended detached house of 141m², built sometime between 1930 and 1949. It was last sold for £245,000 in November 2014, which was around 15% below the average November 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

288 NORMANSTON DRIVE Sold Prices

Land registry data shows three sales for 288 NORMANSTON DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 288 NORMANSTON 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 3 NOV	£245,000	£286,739	15% below HPI
2005 5 DEC	£199,995	£221,366	10% below HPI
2005 24 MAR	£193,000	£224,733	14% below HPI

288 NORMANSTON 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 three 288 NORMANSTON DRIVE sales between March 2005 and November 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 December 2005 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2014 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 288 NORMANSTON DRIVE?

288 NORMANSTON DRIVE is 141m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 20% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 288 NORMANSTON DRIVE lies on this distribution: 84% of detached houses are smaller than 288 NORMANSTON DRIVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

288 NORMANSTON DRIVE: Plot and Title Map

288 NORMANSTON DRIVE sits on a plot of roughly 0.163 of an acre, or 659m². The below map shows the location of 288 NORMANSTON 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 288 NORMANSTON 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 288 NORMANSTON DRIVE?

288 NORMANSTON DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 288 on NORMANSTON DRIVE.