3, SUMMERFIELD GARDENS, LOWESTOFT, NR33 9BS - £240,500

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 SUMMERFIELD GARDENS is a midsized extended detached house of 105m², built sometime between 1930 and 1949. It was last sold for £240,500 in July 2022, which was around 45% below the average July 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

3 SUMMERFIELD GARDENS Sold Prices

Land registry data shows three sales for 3 SUMMERFIELD 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 SUMMERFIELD 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 19 JUL	£240,500	£433,680	45% below HPI
2002 30 AUG	£115,000	£162,008	29% below HPI
1997 15 AUG	£39,000	£83,677	53% below HPI

3 SUMMERFIELD 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 SUMMERFIELD GARDENS sales between August 1997 and July 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 August 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2022 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 3 SUMMERFIELD GARDENS?

3 SUMMERFIELD GARDENS is 105m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 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 3 SUMMERFIELD GARDENS lies on this distribution: 58% of detached houses are smaller than 3 SUMMERFIELD GARDENS, and 41% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

3 SUMMERFIELD GARDENS: Plot and Title Map

3 SUMMERFIELD GARDENS sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 3 SUMMERFIELD 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 SUMMERFIELD 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 SUMMERFIELD GARDENS?

3 SUMMERFIELD GARDENS is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 3 on SUMMERFIELD GARDENS.