12, LEONARD DRIVE, LOWESTOFT, NR32 4WB - £194,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 LEONARD DRIVE is a very large detached house of 135m², built sometime between 2003 and 2006. It was last sold for £194,500 in February 2014, which was around 26% below the average February 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

12 LEONARD DRIVE Sold Prices

Land registry data shows four sales for 12 LEONARD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Most of the four 12 LEONARD 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
2014 14 FEB	£194,500	£262,812	26% below HPI
2005 19 DEC	£167,000	£221,366	25% below HPI
2003 28 APR	£149,000	£185,103	20% below HPI
1998 27 MAR	£84,850	£83,317	2% above HPI

12 LEONARD 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 four 12 LEONARD DRIVE sales between March 1998 and February 2014 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 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2014 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 12 LEONARD DRIVE?

12 LEONARD DRIVE is 135m² according to the EPC inspection conducted in November 2013. 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 12 LEONARD DRIVE lies on this distribution: 82% of detached houses are smaller than 12 LEONARD DRIVE, and 18% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

12 LEONARD DRIVE: Plot and Title Map

12 LEONARD DRIVE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 12 LEONARD 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 LEONARD 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 LEONARD DRIVE?

12 LEONARD DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 12 on LEONARD DRIVE.