42, GUNTON CHURCH LANE, LOWESTOFT, NR32 4LF - £350,000

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

42 GUNTON CHURCH LANE is a small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £350,000 in November 2023, which was around 17% below the average November 2023 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.

42 GUNTON CHURCH LANE Sold Prices

Land registry data shows two sales for 42 GUNTON CHURCH LANE 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 42 GUNTON CHURCH LANE 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
2023 22 NOV	£350,000	£423,853	17% below HPI
2008 22 DEC	£152,000	£233,493	35% below HPI

42 GUNTON CHURCH LANE 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 42 GUNTON CHURCH LANE sales from December 2008 and November 2023 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 December 2008 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 42 GUNTON CHURCH LANE?

42 GUNTON CHURCH LANE 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 42 GUNTON CHURCH LANE lies on this distribution: 30% of detached houses are smaller than 42 GUNTON CHURCH LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

42 GUNTON CHURCH LANE: Plot and Title Map

42 GUNTON CHURCH LANE sits on a plot of roughly 0.166 of an acre, or 673m². The below map shows the location of 42 GUNTON CHURCH LANE, 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 42 GUNTON CHURCH LANE). 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 42 GUNTON CHURCH LANE?

42 GUNTON CHURCH LANE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 42 on GUNTON CHURCH LANE.