8, DIPROSE DRIVE, LOWESTOFT, NR32 4GB - £415,000

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

8 DIPROSE DRIVE is a large detached house of 125m², built sometime between 2003 and 2006, which could now be worth an estimated £399,036. It was last sold for £415,000 in October 2022, which was around 6% below the average October 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

8 DIPROSE DRIVE Sold Prices

Land registry data shows two sales for 8 DIPROSE 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 8 DIPROSE 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
2022 28 OCT	£415,000	£439,971	6% below HPI
2003 28 JUL	£184,000	£186,991	2% below HPI

8 DIPROSE 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 8 DIPROSE DRIVE sales from July 2003 and October 2022 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 July 2003 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2022 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 8 DIPROSE DRIVE be worth now?

8 DIPROSE DRIVE might now be worth an estimated £399,036.

This is based on house price deflation of 3.8%, between October 2022 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 3.8% deflationary decrease is applied to the most recent sale price for 8 DIPROSE DRIVE of £415,000 on 28th October 2022. For the value to have decreased from £415,000 to £399,036 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 DIPROSE DRIVE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2022 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 8 DIPROSE DRIVE has not materially changed since October 2022.

How Large is 8 DIPROSE DRIVE?

8 DIPROSE DRIVE is 125m² according to the EPC inspection conducted in June 2018. This puts it in the largest 30% 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 8 DIPROSE DRIVE lies on this distribution: 76% of detached houses houses are smaller than 8 DIPROSE DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

8 DIPROSE DRIVE: Plot and Title Map

8 DIPROSE DRIVE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 8 DIPROSE 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 8 DIPROSE 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 8 DIPROSE DRIVE?

8 DIPROSE DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 8 on DIPROSE DRIVE.