THE GABLES, WHITES LANE, KESSINGLAND, LOWESTOFT, NR33 7TF - £530,000

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

THE GABLES is a very large extended detached house of 296m², built sometime between 1967 and 1975. It was last sold for £530,000 in May 2023, which was around 27% above the average May 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

THE GABLES Sold Prices

Land registry data shows three sales for THE GABLES 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 THE GABLES sales were for above 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 19 MAY	£530,000	£415,931	27% above HPI
2017 16 NOV	£410,000	£344,483	19% above HPI
1997 31 JAN	£105,000	£78,341	34% above HPI

THE GABLES 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 THE GABLES sales between January 1997 and May 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 November 2017 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the May 2023 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is THE GABLES?

THE GABLES is 296m², which includes three extensions, according to the EPC inspection conducted in August 2017. This puts it in the largest 10% of detached houses in Kessingland, based on EPC data. The below chart shows the distribution of detached houses by size in Kessingland, and where THE GABLES lies on this distribution: 99% of detached houses are smaller than THE GABLES, and 1% of houses are larger. Note that EPC data is not available for all properties in Kessingland.

THE GABLES: Plot and Title Map

THE GABLES sits on a plot of roughly 0.435 of an acre, or 1,762m². The below map shows the location of THE GABLES, 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 THE GABLES). 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 THE GABLES?

THE GABLES is located on WHITES LANE in KESSINGLAND, in the NR33 postcode district. The below map shows the position of THE GABLES on WHITES LANE.