12, GRAYSON DRIVE, LOWESTOFT, NR33 7BA - £240,395

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 GRAYSON DRIVE is a large extended detached house of 114m², built sometime between 1930 and 1949, which could now be worth an estimated £391,386. It was last sold for £240,395 in May 2011, which was around 4% below the average May 2011 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

12 GRAYSON DRIVE Sold Prices

Land registry data shows one sale for 12 GRAYSON DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 31 MAY	£240,395	£250,596	4% below HPI

What might 12 GRAYSON DRIVE be worth now?

12 GRAYSON DRIVE might now be worth an estimated £391,386.

This is based on house price inflation of 62.8%, between May 2011 and May 2026, 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 62.8% inflationary increase is applied to the most recent sale price for 12 GRAYSON DRIVE of £240,395 on 31st May 2011. For the value to have increased from £240,395 to £391,386 over the fifteen years to May 2026, the following assumptions must hold true:

• The value of 12 GRAYSON DRIVE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The May 2011 sale price of £240,395 represented a fair market value for the property.
• The size, condition, and specification of 12 GRAYSON DRIVE has not materially changed since May 2011.

How Large is 12 GRAYSON DRIVE?

12 GRAYSON DRIVE is 114m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 40% 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 GRAYSON DRIVE lies on this distribution: 68% of detached houses are smaller than 12 GRAYSON DRIVE, and 32% of detached houses are larger. Note that EPC data is not available for all properties in Lowestoft.

12 GRAYSON DRIVE: Plot

12 GRAYSON DRIVE sits on a plot of roughly 0.236 of an acre, or 955m².

Where is 12 GRAYSON DRIVE?

12 GRAYSON DRIVE is located in LOWESTOFT, in the NR33 postcode district.