34, GUNTON DRIVE, LOWESTOFT, NR32 4QB - £500,000

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

34 GUNTON DRIVE is a small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £500,000 in December 2021, which was around 23% above the average December 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

34 GUNTON DRIVE Sold Prices

Land registry data shows three sales for 34 GUNTON 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. One of the three 34 GUNTON DRIVE sales was for above the average price, whilst two 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
2021 6 DEC	£500,000	£404,862	23% above HPI
2020 28 JUL	£240,000	£357,411	33% below HPI
1998 3 AUG	£72,995	£88,631	18% below HPI

34 GUNTON 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 34 GUNTON DRIVE sales between August 1998 and December 2021 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 July 2020 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2021 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 34 GUNTON DRIVE?

34 GUNTON DRIVE is 74m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 30% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 34 GUNTON DRIVE lies on this distribution: 22% of detached houses are smaller than 34 GUNTON DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

34 GUNTON DRIVE: Plot and Title Map

34 GUNTON DRIVE sits on a plot of roughly 0.202 of an acre, or 817m². The below map shows the location of 34 GUNTON 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 34 GUNTON 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 34 GUNTON DRIVE?

34 GUNTON DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 34 on GUNTON DRIVE.