58, HIGHER DRIVE, LOWESTOFT, NR32 3DB - £137,950

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

58 HIGHER DRIVE is a very small detached house of 61m², built sometime between 1967 and 1975. It was last sold for £137,950 in December 2009, which was around 42% below the average December 2009 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was D.

58 HIGHER DRIVE Sold Prices

Land registry data shows two sales for 58 HIGHER 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 58 HIGHER 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
2009 4 DEC	£137,950	£239,716	42% below HPI
2006 15 JUN	£135,000	£225,842	40% below HPI

58 HIGHER 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 58 HIGHER DRIVE sales from June 2006 and December 2009 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 June 2006 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2009 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 58 HIGHER DRIVE?

58 HIGHER DRIVE is 61m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 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 58 HIGHER DRIVE lies on this distribution: 7% of detached houses are smaller than 58 HIGHER DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

58 HIGHER DRIVE: Plot and Title Map

58 HIGHER DRIVE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 58 HIGHER 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 58 HIGHER 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 58 HIGHER DRIVE?

58 HIGHER DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 58 on HIGHER DRIVE.