24, ELMDALE DRIVE, CARLTON COLVILLE, LOWESTOFT, NR33 8NB - £177,000

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.

24 ELMDALE DRIVE is a very small detached house of 70m², built sometime between 1976 and 1982, which could now be worth an estimated £230,726. It was last sold for £177,000 in October 2016, which was around 45% below the average October 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

24 ELMDALE DRIVE Sold Prices

Land registry data shows three sales for 24 ELMDALE 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 24 ELMDALE 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 18 OCT	£177,000	£324,537	45% below HPI
2015 11 DEC	£180,000	£302,785	41% below HPI
2007 30 MAY	£141,995	£241,660	41% below HPI

24 ELMDALE 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 24 ELMDALE DRIVE sales between May 2007 and October 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 December 2015 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2016 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 24 ELMDALE DRIVE be worth now?

24 ELMDALE DRIVE might now be worth an estimated £230,726.

This is based on house price inflation of 30.4%, between October 2016 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 30.4% inflationary increase is applied to the most recent sale price for 24 ELMDALE DRIVE of £177,000 on 18th October 2016. For the value to have increased from £177,000 to £230,726 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 24 ELMDALE DRIVE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2016 sale price of £177,000 represented a fair market value for the property.
• The size, condition, and specification of 24 ELMDALE DRIVE has not materially changed since October 2016.

How Large is 24 ELMDALE DRIVE?

24 ELMDALE DRIVE is 70m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% 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 24 ELMDALE DRIVE lies on this distribution: 17% of detached houses houses are smaller than 24 ELMDALE DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

24 ELMDALE DRIVE: Plot and Title Map

24 ELMDALE DRIVE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 24 ELMDALE 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 24 ELMDALE 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 24 ELMDALE DRIVE?

24 ELMDALE DRIVE is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 24 on ELMDALE DRIVE.