3, CRANWORTH GARDENS, LOWESTOFT, NR32 4RE - £290,000

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

3 CRANWORTH GARDENS is a small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £290,000 in December 2022, which was around 34% below the average December 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

3 CRANWORTH GARDENS Sold Prices

Land registry data shows three sales for 3 CRANWORTH GARDENS 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 3 CRANWORTH 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
2022 2 DEC	£290,000	£441,323	34% below HPI
2019 7 JUN	£230,000	£344,219	33% below HPI
2008 27 FEB	£159,000	£258,450	38% below HPI

3 CRANWORTH 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 three 3 CRANWORTH GARDENS sales between February 2008 and December 2022 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 2019 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2022 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 3 CRANWORTH GARDENS?

3 CRANWORTH GARDENS is 80m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 40% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 3 CRANWORTH GARDENS lies on this distribution: 30% of detached houses are smaller than 3 CRANWORTH GARDENS, and 69% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

3 CRANWORTH GARDENS: Plot and Title Map

3 CRANWORTH GARDENS sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 3 CRANWORTH 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 3 CRANWORTH 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 3 CRANWORTH GARDENS?

3 CRANWORTH GARDENS is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 3 on CRANWORTH GARDENS.