31, BEECHING DRIVE, LOWESTOFT, NR32 4TB - £363,000

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

31 BEECHING DRIVE is a large detached house of 126m², built sometime between 1976 and 1982. It was last sold for £363,000 in September 2021, which was around 4% below the average September 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

31 BEECHING DRIVE Sold Prices

Land registry data shows two sales for 31 BEECHING 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. One of the two 31 BEECHING DRIVE sales was for below the average price, whilst the other was for above 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
2021 29 SEP	£363,000	£378,972	4% below HPI
1995 17 NOV	£78,500	£71,590	10% above HPI

31 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 two 31 BEECHING DRIVE sales from November 1995 and September 2021 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 1995 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2021 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 31 BEECHING DRIVE?

31 BEECHING DRIVE is 126m² according to the EPC inspection conducted in June 2021. 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 31 BEECHING DRIVE lies on this distribution: 76% of detached houses are smaller than 31 BEECHING DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

31 BEECHING DRIVE: Plot and Title Map

31 BEECHING DRIVE sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 31 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 31 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 31 BEECHING DRIVE?

31 BEECHING DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 31 on BEECHING DRIVE.