5, CRESTVIEW DRIVE, LOWESTOFT, NR32 4EL - £175,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 CRESTVIEW DRIVE is a midsized extended detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £299,712. It was last sold for £175,000 in December 2012, which was around 29% below the average December 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2013, where the current energy rating was E, and the potential energy rating was C.

5 CRESTVIEW DRIVE Sold Prices

Land registry data shows two sales for 5 CRESTVIEW 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 5 CRESTVIEW 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
2012 4 DEC	£175,000	£247,014	29% below HPI
1995 1 FEB	£74,000	£76,086	3% below HPI

5 CRESTVIEW 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 5 CRESTVIEW DRIVE sales from February 1995 and December 2012 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 February 1995 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2012 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 5 CRESTVIEW DRIVE be worth now?

5 CRESTVIEW DRIVE might now be worth an estimated £299,712.

This is based on house price inflation of 71.3%, between December 2012 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 71.3% inflationary increase is applied to the most recent sale price for 5 CRESTVIEW DRIVE of £175,000 on 4th December 2012. For the value to have increased from £175,000 to £299,712 over the thirteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 CRESTVIEW DRIVE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The December 2012 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CRESTVIEW DRIVE has not materially changed since December 2012.

How Large is 5 CRESTVIEW DRIVE?

5 CRESTVIEW DRIVE is 93m², which includes one extension, according to the EPC inspection conducted in December 2013. 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 5 CRESTVIEW DRIVE lies on this distribution: 46% of detached houses houses are smaller than 5 CRESTVIEW DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

5 CRESTVIEW DRIVE: Plot and Title Map

5 CRESTVIEW DRIVE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 5 CRESTVIEW 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 5 CRESTVIEW 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 5 CRESTVIEW DRIVE?

5 CRESTVIEW DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 5 on CRESTVIEW DRIVE.