1, BEECHING DRIVE, LOWESTOFT, NR32 4TB - £350,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 BEECHING DRIVE is a very large extended detached house of 134m², built sometime between 1983 and 1990. It was last sold for £350,000 in October 2020, which was around 6% below the average October 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

1 BEECHING DRIVE Sold Prices

Land registry data shows five sales for 1 BEECHING 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. Most of the five 1 BEECHING 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
2020 23 OCT	£350,000	£373,131	6% below HPI
2018 16 MAY	£315,000	£342,867	8% below HPI
2003 30 JUN	£195,500	£185,377	5% above HPI
1997 9 MAY	£78,000	£79,476	2% below HPI
1995 31 JUL	£73,950	£75,211	2% below HPI

1 BEECHING 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 1 BEECHING DRIVE sales between July 1995 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 May 2018 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2020 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 1 BEECHING DRIVE?

1 BEECHING DRIVE is 134m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 20% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 1 BEECHING DRIVE lies on this distribution: 81% of detached houses are smaller than 1 BEECHING DRIVE, and 19% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1 BEECHING DRIVE: Plot and Title Map

1 BEECHING DRIVE sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 1 BEECHING 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 1 BEECHING 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 1 BEECHING DRIVE?

1 BEECHING DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 1 on BEECHING DRIVE.