1, BOON DRIVE, LOWESTOFT, NR33 9RQ - £255,000

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 BOON DRIVE is a small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £255,000 in September 2018, which was around 29% below the average September 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

1 BOON DRIVE Sold Prices

Land registry data shows three sales for 1 BOON DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 1 BOON 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
2018 4 SEP	£255,000	£357,710	29% below HPI
2012 17 AUG	£187,500	£248,594	25% below HPI
2000 16 FEB	£66,950	£103,729	35% below HPI

1 BOON 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 three 1 BOON DRIVE sales between February 2000 and September 2018 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 August 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 1 BOON DRIVE?

1 BOON DRIVE is 85m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the smallest 40% 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 BOON DRIVE lies on this distribution: 38% of detached houses are smaller than 1 BOON DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1 BOON DRIVE: Plot and Title Map

1 BOON DRIVE sits on a plot of roughly 0.170 of an acre, or 688m². The below map shows the location of 1 BOON 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 BOON 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 BOON DRIVE?

1 BOON DRIVE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 1 on BOON DRIVE.