14, CEDAR DRIVE, LOWESTOFT, NR33 9HA - £420,000

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

14 CEDAR DRIVE is a large extended detached house of 127m², built sometime between 1983 and 1990. It was last sold for £420,000 in November 2022, which was around 5% below the average November 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

14 CEDAR DRIVE Sold Prices

Land registry data shows four sales for 14 CEDAR 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. All of the four 14 CEDAR 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 17 NOV	£420,000	£442,367	5% below HPI
2006 29 MAR	£210,000	£222,557	6% below HPI
2003 17 SEP	£189,995	£194,583	2% below HPI
2001 10 AUG	£118,000	£134,767	12% below HPI

14 CEDAR 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 14 CEDAR DRIVE sales between August 2001 and November 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 March 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 14 CEDAR DRIVE?

14 CEDAR DRIVE is 127m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 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 14 CEDAR DRIVE lies on this distribution: 77% of detached houses are smaller than 14 CEDAR DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

14 CEDAR DRIVE: Plot and Title Map

14 CEDAR DRIVE sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 14 CEDAR 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 14 CEDAR 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 14 CEDAR DRIVE?

14 CEDAR DRIVE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 14 on CEDAR DRIVE.