4, CORY DRIVE, OULTON, LOWESTOFT, NR32 3QT - £270,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 CORY DRIVE is a midsized detached house of 91m², which could now be worth an estimated £306,242. It was last sold for £270,000 in July 2021, which was around 28% below the average July 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2016, where the current energy rating was B, and the potential energy rating was A.

4 CORY DRIVE Sold Prices

Land registry data shows two sales for 4 CORY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 4 CORY 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
2021 20 JUL	£270,000	£372,981	28% below HPI
2016 25 NOV	£212,950	£323,678	34% below HPI

4 CORY 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 two 4 CORY DRIVE sales from November 2016 and July 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 November 2016 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 4 CORY DRIVE be worth now?

4 CORY DRIVE might now be worth an estimated £306,242.

This is based on house price inflation of 13.4%, between July 2021 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.4% inflationary increase is applied to the most recent sale price for 4 CORY DRIVE of £270,000 on 20th July 2021. For the value to have increased from £270,000 to £306,242 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 4 CORY DRIVE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The July 2021 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CORY DRIVE has not materially changed since July 2021.

How Large is 4 CORY DRIVE?

4 CORY DRIVE is 91m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 50% of detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowestoft, and where 4 CORY DRIVE lies on this distribution: 43% of detached houses houses are smaller than 4 CORY DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

4 CORY DRIVE: Plot and Title Map

4 CORY DRIVE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 4 CORY 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 4 CORY 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 4 CORY DRIVE?

4 CORY DRIVE is located in OULTON, in the NR32 postcode district. The below map shows the position of No. 4 on CORY DRIVE.