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
8 EVANS DRIVE is a large extended detached house of 126m², built sometime between 1983 and 1990. It was last sold for £380,100 in April 2023, which was around 10% below the average April 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 8 EVANS DRIVE since 1st 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 EVANS 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 |
---|---|---|---|
2023 28 APR | £380,100 | £423,046 | 10% below HPI |
2018 31 JAN | £220,000 | £343,535 | 36% 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 two 8 EVANS DRIVE sales from January 2018 and April 2023 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 January 2018 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2023 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.
8 EVANS DRIVE is 126m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 30% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 8 EVANS DRIVE lies on this distribution: 76% of detached houses are smaller than 8 EVANS DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.
8 EVANS DRIVE sits on a plot of roughly 0.170 of an acre, or 687m². The below map shows the location of 8 EVANS 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 EVANS 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.
8 EVANS DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 8 on EVANS DRIVE.