49, GREEN DRIVE, LOWESTOFT, NR33 7JP - £210,000

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.

49 GREEN DRIVE is a very small semi-detached house of 49m², built sometime between 1983 and 1990, which could now be worth an estimated £206,960. It was last sold for £210,000 in May 2022, which was around 23% below the average May 2022 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

49 GREEN DRIVE Sold Prices

Land registry data shows five sales for 49 GREEN DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. All of the five 49 GREEN 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
2022 26 MAY	£210,000	£271,317	23% below HPI
2017 29 NOV	£153,000	£217,444	30% below HPI
2014 9 DEC	£129,950	£180,545	28% below HPI
2012 13 JUL	£105,000	£160,171	34% below HPI
2007 25 JUN	£126,500	£162,310	22% below HPI

49 GREEN 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 five 49 GREEN DRIVE sales between June 2007 and May 2022 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 November 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 49 GREEN DRIVE be worth now?

49 GREEN DRIVE might now be worth an estimated £206,960.

This is based on house price deflation of 1.4%, between May 2022 and May 2026, 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 1.4% deflationary decrease is applied to the most recent sale price for 49 GREEN DRIVE of £210,000 on 26th May 2022. For the value to have decreased from £210,000 to £206,960 over the four years to May 2026, the following assumptions must hold true:

• The value of 49 GREEN DRIVE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The May 2022 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 49 GREEN DRIVE has not materially changed since May 2022.

How Large is 49 GREEN DRIVE?

49 GREEN DRIVE is 49m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% 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 49 GREEN DRIVE lies on this distribution: 1% of semi-detached houses houses are smaller than 49 GREEN DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

49 GREEN DRIVE: Plot and Title Map

49 GREEN DRIVE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 49 GREEN 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 49 GREEN 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 49 GREEN DRIVE?

49 GREEN DRIVE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 49 on GREEN DRIVE.