12, GAINSBOROUGH DRIVE, LOWESTOFT, NR32 4LX - £250,000

12 GAINSBOROUGH DRIVE is a large extended detached house of 130m², built sometime between 1983 and 1990. It was last sold for £250,000 in June 2016, which was around 18% below the average June 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

12 GAINSBOROUGH DRIVE Sold Prices

Land registry data shows three sales for 12 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 12 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
2016 15 JUN	£250,000	£306,179	18% below HPI
2013 30 AUG	£227,500	£263,207	14% below HPI
1995 18 AUG	£59,999	£74,537	20% below HPI

12 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 12 GAINSBOROUGH DRIVE sales between August 1995 and June 2016 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 2013 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 12 GAINSBOROUGH DRIVE?

12 GAINSBOROUGH DRIVE is 130m², which includes one extension, according to the EPC inspection conducted in April 2013. 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 12 GAINSBOROUGH DRIVE lies on this distribution: 79% of detached houses are smaller than 12 GAINSBOROUGH DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

12 GAINSBOROUGH DRIVE: Plot and Title Map

12 GAINSBOROUGH DRIVE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 12 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 12 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 12 GAINSBOROUGH DRIVE?

12 GAINSBOROUGH DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 12 on GAINSBOROUGH DRIVE.