45, GAINSBOROUGH DRIVE, LOWESTOFT, NR32 4NJ - £350,000

45 GAINSBOROUGH DRIVE is a midsized detached house of 90m², built sometime between 1976 and 1982. It was last sold for £350,000 in May 2023, which was around 19% below the average May 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

45 GAINSBOROUGH DRIVE Sold Prices

Land registry data shows four sales for 45 GAINSBOROUGH DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 45 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
2023 11 MAY	£350,000	£434,026	19% below HPI
2015 11 JUN	£196,000	£296,524	34% below HPI
2014 27 AUG	£184,000	£276,803	34% below HPI
2004 20 DEC	£165,000	£220,636	25% below HPI

45 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 four 45 GAINSBOROUGH DRIVE sales between December 2004 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 June 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 45 GAINSBOROUGH DRIVE?

45 GAINSBOROUGH DRIVE is 90m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 50% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 45 GAINSBOROUGH DRIVE lies on this distribution: 43% of detached houses are smaller than 45 GAINSBOROUGH DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

45 GAINSBOROUGH DRIVE: Plot and Title Map

45 GAINSBOROUGH DRIVE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 45 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 45 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 45 GAINSBOROUGH DRIVE?

45 GAINSBOROUGH DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 45 on GAINSBOROUGH DRIVE.