24, ORFORD DRIVE, LOWESTOFT, NR32 3DJ - £276,000

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

24 ORFORD DRIVE is a small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £276,000 in August 2022, which was around 36% below the average August 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

24 ORFORD DRIVE Sold Prices

Land registry data shows three sales for 24 ORFORD 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 24 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 8 AUG	£276,000	£432,997	36% below HPI
2012 26 NOV	£160,000	£250,298	36% below HPI
2011 21 JAN	£118,500	£249,934	53% below HPI

24 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 three 24 ORFORD DRIVE sales between January 2011 and August 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 November 2012 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2022 sale, which was also at 36% below the HPI.

How Large is 24 ORFORD DRIVE?

24 ORFORD DRIVE is 83m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 40% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 24 ORFORD DRIVE lies on this distribution: 35% of detached houses are smaller than 24 ORFORD DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

24 ORFORD DRIVE: Plot and Title Map

24 ORFORD DRIVE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 24 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 24 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 24 ORFORD DRIVE?

24 ORFORD DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 24 on ORFORD DRIVE.