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
52 WAVENEY DRIVE is a very large extended detached house of 169m², built sometime between 1900 and 1929. It was last sold for £327,500 in April 2024, which was around 22% below the average April 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 52 WAVENEY DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 52 WAVENEY 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 |
---|---|---|---|
2024 30 APR | £327,500 | £417,473 | 22% below HPI |
2007 9 AUG | £228,000 | £261,746 | 13% below HPI |
2003 22 AUG | £141,000 | £190,047 | 26% below HPI |
2003 7 MAR | £139,950 | £183,731 | 24% below HPI |
The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The four 52 WAVENEY DRIVE sales between March 2003 and April 2024 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 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2024 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
52 WAVENEY DRIVE is 169m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the largest 10% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 52 WAVENEY DRIVE lies on this distribution: 93% of detached houses are smaller than 52 WAVENEY DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.
52 WAVENEY DRIVE sits on a plot of roughly 0.179 of an acre, or 724m². The below map shows the location of 52 WAVENEY 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 52 WAVENEY 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.
52 WAVENEY DRIVE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 52 on WAVENEY DRIVE.