12, ORFORD DRIVE, LOWESTOFT, NR32 3DJ - £285,000

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 ORFORD DRIVE is a small detached house of 77m², built sometime between 1950 and 1966. It was last sold for £285,000 in December 2022, which was around 35% below the average December 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

12 ORFORD DRIVE Sold Prices

Land registry data shows six sales for 12 ORFORD DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the six 12 ORFORD 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
2022 19 DEC	£285,000	£441,323	35% below HPI
2020 20 APR	£205,000	£347,861	41% below HPI
2013 3 SEP	£156,000	£263,914	41% below HPI
2007 9 AUG	£170,000	£261,746	35% below HPI
2000 11 OCT	£83,000	£117,564	29% below HPI
1995 8 SEP	£42,000	£73,256	43% below HPI

12 ORFORD 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 six 12 ORFORD DRIVE sales between September 1995 and December 2022 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 April 2020 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2022 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 12 ORFORD DRIVE?

12 ORFORD DRIVE is 77m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 30% 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 ORFORD DRIVE lies on this distribution: 26% of detached houses are smaller than 12 ORFORD DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

12 ORFORD DRIVE: Plot and Title Map

12 ORFORD DRIVE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 12 ORFORD 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 ORFORD 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 ORFORD DRIVE?

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