3, GROVE GARDENS, CARLTON COLVILLE, LOWESTOFT, NR33 8SH - £410,000

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 GROVE GARDENS is a very large extended detached house of 175m², built sometime between 1996 and 2002. It was last sold for £410,000 in November 2016, which was around 27% above the average November 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was C.

3 GROVE GARDENS Sold Prices

Land registry data shows four sales for 3 GROVE GARDENS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Most of the four 3 GROVE GARDENS sales were for above 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
2016 7 NOV	£410,000	£323,628	27% above HPI
2006 2 AUG	£315,000	£235,518	34% above HPI
2006 13 APR	£325,000	£220,185	48% above HPI
2002 28 MAR	£55,000	£144,123	62% below HPI

3 GROVE 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 four 3 GROVE GARDENS sales between March 2002 and November 2016 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 August 2006 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the November 2016 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 3 GROVE GARDENS?

3 GROVE GARDENS is 175m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 10% 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 GROVE GARDENS lies on this distribution: 94% of detached houses are smaller than 3 GROVE GARDENS, and 6% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

3 GROVE GARDENS: Plot and Title Map

3 GROVE GARDENS sits on a plot of roughly 0.173 of an acre, or 698m². The below map shows the location of 3 GROVE 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 GROVE 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 GROVE GARDENS?

3 GROVE GARDENS is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 3 on GROVE GARDENS.