55, GAINSBOROUGH DRIVE, LOWESTOFT, NR32 4NJ - £277,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

55 GAINSBOROUGH DRIVE is a large detached house of 111m², built sometime between 1950 and 1966. It was last sold for £277,000 in October 2015, which was around 8% below the average October 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

55 GAINSBOROUGH DRIVE Sold Prices

Land registry data shows three sales for 55 GAINSBOROUGH 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. All of the three 55 GAINSBOROUGH 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
2015 16 OCT	£277,000	£302,168	8% below HPI
2003 22 AUG	£164,500	£190,047	13% below HPI
1998 6 MAR	£69,000	£83,317	17% below HPI

55 GAINSBOROUGH 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 55 GAINSBOROUGH DRIVE sales between March 1998 and October 2015 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 2003 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2015 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 55 GAINSBOROUGH DRIVE?

55 GAINSBOROUGH DRIVE is 111m² according to the EPC inspection conducted in April 2015. This puts it in the largest 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 55 GAINSBOROUGH DRIVE lies on this distribution: 65% of detached houses are smaller than 55 GAINSBOROUGH DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

55 GAINSBOROUGH DRIVE: Plot and Title Map

55 GAINSBOROUGH DRIVE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 55 GAINSBOROUGH 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 55 GAINSBOROUGH 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 55 GAINSBOROUGH DRIVE?

55 GAINSBOROUGH DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 55 on GAINSBOROUGH DRIVE.