18, BEECHING DRIVE, LOWESTOFT, NR32 4TB - £178,000

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

18 BEECHING DRIVE is a midsized extended detached house of 103m², built sometime between 1983 and 1990. It was last sold for £178,000 in March 2011, which was around 28% below the average March 2011 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2010, where the current energy rating was C, and the potential energy rating was C.

18 BEECHING DRIVE Sold Prices

Land registry data shows three sales for 18 BEECHING DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 18 BEECHING 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
2011 11 MAR	£178,000	£246,949	28% below HPI
2007 5 APR	£184,000	£245,221	25% below HPI
1995 28 JUL	£42,000	£75,211	44% below HPI

18 BEECHING 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 three 18 BEECHING DRIVE sales between July 1995 and March 2011 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 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2011 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 18 BEECHING DRIVE?

18 BEECHING DRIVE is 103m², which includes one extension, according to the EPC inspection conducted in December 2010. This puts it in the largest 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 18 BEECHING DRIVE lies on this distribution: 57% of detached houses are smaller than 18 BEECHING DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

18 BEECHING DRIVE: Plot and Title Map

18 BEECHING DRIVE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 18 BEECHING 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 18 BEECHING 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 18 BEECHING DRIVE?

18 BEECHING DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 18 on BEECHING DRIVE.