56, GAINSBOROUGH DRIVE, LOWESTOFT, NR32 4NH - £265,000

56 GAINSBOROUGH DRIVE is a midsized detached house of 91m², built sometime between 1967 and 1975. It was last sold for £265,000 in October 2020, which was around 29% below the average October 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

56 GAINSBOROUGH DRIVE Sold Prices

Land registry data shows five sales for 56 GAINSBOROUGH DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. The five 56 GAINSBOROUGH DRIVE sales were a mix of below the average price, and roughly equal to 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 5 OCT	£265,000	£373,131	29% below HPI
2019 3 OCT	£240,000	£349,022	31% below HPI
2017 9 MAR	£245,000	£328,526	25% below HPI
2014 17 FEB	£164,000	£262,812	38% below HPI
1996 12 DEC	£77,750	£77,874	Close to HPI

56 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 five 56 GAINSBOROUGH DRIVE sales between December 1996 and October 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 October 2019 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2020 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 56 GAINSBOROUGH DRIVE?

56 GAINSBOROUGH DRIVE is 91m² according to the EPC inspection conducted in August 2013. 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 56 GAINSBOROUGH DRIVE lies on this distribution: 44% of detached houses are smaller than 56 GAINSBOROUGH DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

56 GAINSBOROUGH DRIVE: Plot and Title Map

56 GAINSBOROUGH DRIVE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 56 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 56 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 56 GAINSBOROUGH DRIVE?

56 GAINSBOROUGH DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 56 on GAINSBOROUGH DRIVE.