18, PARK DRIVE, WORLINGHAM, BECCLES, NR34 7DJ - £285,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 PARK DRIVE is a very small extended semi-detached house of 75m², built sometime between 1930 and 1949, which could now be worth an estimated £281,600. It was last sold for £285,000 in October 2022, which was around 1% above the average October 2022 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

18 PARK DRIVE Sold Prices

Land registry data shows two sales for 18 PARK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. One of the two 18 PARK DRIVE sales was for above the average price, whilst the other was roughly equal to 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 4 OCT	£285,000	£282,419	1% above HPI
2005 19 AUG	£148,000	£148,236	Close to HPI

18 PARK DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 18 PARK DRIVE sales from August 2005 and October 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 August 2005 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2022 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 18 PARK DRIVE be worth now?

18 PARK DRIVE might now be worth an estimated £281,600.

This is based on house price deflation of 1.2%, between October 2022 and February 2025, for semi-detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.2% deflationary decrease is applied to the most recent sale price for 18 PARK DRIVE of £285,000 on 4th October 2022. For the value to have decreased from £285,000 to £281,600 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 18 PARK DRIVE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The October 2022 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PARK DRIVE has not materially changed since October 2022.

How Large is 18 PARK DRIVE?

18 PARK DRIVE is 75m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% of semi-detached houses houses in Worlingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Worlingham, and where 18 PARK DRIVE lies on this distribution: 15% of semi-detached houses houses are smaller than 18 PARK DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Worlingham.

18 PARK DRIVE: Plot and Title Map

18 PARK DRIVE sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of 18 PARK 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 PARK 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 PARK DRIVE?

18 PARK DRIVE is located in WORLINGHAM, in the NR34 postcode district. The below map shows the position of No. 18 on PARK DRIVE.