12, ORWELL DRIVE, LOWESTOFT, NR32 4SL - £247,500

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

12 ORWELL DRIVE is a midsized extended detached house of 93m², built sometime between 1950 and 1966. It was last sold for £247,500 in January 2024, which was around 42% below the average January 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

12 ORWELL DRIVE Sold Prices

Land registry data shows two sales for 12 ORWELL 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 ORWELL 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
2024 19 JAN	£247,500	£426,639	42% below HPI
2007 13 APR	£143,000	£245,221	42% below HPI

12 ORWELL 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 ORWELL DRIVE sales from April 2007 and January 2024 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 2007 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the January 2024 sale, which was also at 42% below the HPI.

How Large is 12 ORWELL DRIVE?

12 ORWELL DRIVE is 93m², which includes one extension, according to the EPC inspection conducted in December 2023. This puts it in the smallest 50% 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 ORWELL DRIVE lies on this distribution: 46% of detached houses are smaller than 12 ORWELL DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

12 ORWELL DRIVE: Plot and Title Map

12 ORWELL DRIVE sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 12 ORWELL 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 ORWELL 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 ORWELL DRIVE?

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