12, BELVEDERE DRIVE, KESSINGLAND, LOWESTOFT, NR33 7SA - £225,000

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

12 BELVEDERE DRIVE is a small extended detached house of 81m², built sometime between 1950 and 1966. It was last sold for £225,000 in May 2016, which was around 27% below the average May 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

12 BELVEDERE DRIVE Sold Prices

Land registry data shows two sales for 12 BELVEDERE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 12 BELVEDERE 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
2016 24 MAY	£225,000	£307,292	27% below HPI
2003 22 DEC	£149,950	£199,289	25% below HPI

12 BELVEDERE 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 two 12 BELVEDERE DRIVE sales from December 2003 and May 2016 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 December 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 12 BELVEDERE DRIVE?

12 BELVEDERE DRIVE is 81m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% of detached houses in Kessingland, based on EPC data. The below chart shows the distribution of detached houses by size in Kessingland, and where 12 BELVEDERE DRIVE lies on this distribution: 36% of detached houses are smaller than 12 BELVEDERE DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Kessingland.

12 BELVEDERE DRIVE: Plot and Title Map

12 BELVEDERE DRIVE sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of 12 BELVEDERE 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 12 BELVEDERE 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 12 BELVEDERE DRIVE?

12 BELVEDERE DRIVE is located in KESSINGLAND, in the NR33 postcode district. The below map shows the position of No. 12 on BELVEDERE DRIVE.