24, KEVINGTON DRIVE, LOWESTOFT, NR32 3JL - £248,000

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 KEVINGTON DRIVE is a small semi-detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £297,725. It was last sold for £248,000 in June 2020, which was around 9% above the average June 2020 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

24 KEVINGTON DRIVE Sold Prices

Land registry data shows two sales for 24 KEVINGTON DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 24 KEVINGTON DRIVE 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
2020 11 JUN	£248,000	£226,997	9% above HPI
2007 15 JUN	£169,950	£162,310	5% above HPI

24 KEVINGTON DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 24 KEVINGTON DRIVE sales from June 2007 and June 2020 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 June 2007 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2020 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 24 KEVINGTON DRIVE be worth now?

24 KEVINGTON DRIVE might now be worth an estimated £297,725.

This is based on house price inflation of 20.1%, between June 2020 and June 2025, for semi-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 20.1% inflationary increase is applied to the most recent sale price for 24 KEVINGTON DRIVE of £248,000 on 11th June 2020. For the value to have increased from £248,000 to £297,725 over the five years to June 2025, the following assumptions must hold true:

• The value of 24 KEVINGTON DRIVE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The June 2020 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 24 KEVINGTON DRIVE has not materially changed since June 2020.

How Large is 24 KEVINGTON DRIVE?

24 KEVINGTON DRIVE is 86m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 40% of semi-detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lowestoft, and where 24 KEVINGTON DRIVE lies on this distribution: 38% of semi-detached houses houses are smaller than 24 KEVINGTON DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

24 KEVINGTON DRIVE: Plot and Title Map

24 KEVINGTON DRIVE sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 24 KEVINGTON 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 KEVINGTON 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 KEVINGTON DRIVE?

24 KEVINGTON DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 24 on KEVINGTON DRIVE.