5, DERWENT GARDENS, LOWESTOFT, NR32 4TN - £207,000

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.

5 DERWENT GARDENS is a small semi-detached house of 74m², built sometime between 1991 and 1995, which could now be worth an estimated £242,389. It was last sold for £207,000 in August 2020, which was around 11% below the average August 2020 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

5 DERWENT GARDENS Sold Prices

Land registry data shows three sales for 5 DERWENT GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. Two of the three 5 DERWENT GARDENS sales were for below the average price, whilst one was 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 14 AUG	£207,000	£233,707	11% below HPI
2000 30 JUN	£66,000	£67,895	3% below HPI
1997 21 APR	£52,000	£48,863	6% above HPI

5 DERWENT GARDENS 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 three 5 DERWENT GARDENS sales between April 1997 and August 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 2000 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 5 DERWENT GARDENS be worth now?

5 DERWENT GARDENS might now be worth an estimated £242,389.

This is based on house price inflation of 17.1%, between August 2020 and July 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 17.1% inflationary increase is applied to the most recent sale price for 5 DERWENT GARDENS of £207,000 on 14th August 2020. For the value to have increased from £207,000 to £242,389 over the five years and one month to July 2025, the following assumptions must hold true:

• The value of 5 DERWENT GARDENS has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The August 2020 sale price of £207,000 represented a fair market value for the property.
• The size, condition, and specification of 5 DERWENT GARDENS has not materially changed since August 2020.

How Large is 5 DERWENT GARDENS?

5 DERWENT GARDENS is 74m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% 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 5 DERWENT GARDENS lies on this distribution: 22% of semi-detached houses houses are smaller than 5 DERWENT GARDENS, and 77% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

5 DERWENT GARDENS: Plot and Title Map

5 DERWENT GARDENS sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 5 DERWENT GARDENS, 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 5 DERWENT GARDENS). 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 5 DERWENT GARDENS?

5 DERWENT GARDENS is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 5 on DERWENT GARDENS.