36, NICHOLSON DRIVE, BECCLES, NR34 9UX - £264,000

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

36 NICHOLSON DRIVE is a very small detached house of 64m², built sometime between 1976 and 1982. It was last sold for £264,000 in October 2022, which was around 40% below the average October 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

36 NICHOLSON DRIVE Sold Prices

Land registry data shows three sales for 36 NICHOLSON 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 36 NICHOLSON 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 14 OCT	£264,000	£439,903	40% below HPI
2003 31 JAN	£92,500	£178,064	48% below HPI
1998 26 JUN	£55,000	£87,213	37% below HPI

36 NICHOLSON 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 36 NICHOLSON DRIVE sales between June 1998 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 January 2003 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the October 2022 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 36 NICHOLSON DRIVE?

36 NICHOLSON DRIVE is 64m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of detached houses in Beccles, based on EPC data. The below chart shows the distribution of detached houses by size in Beccles, and where 36 NICHOLSON DRIVE lies on this distribution: 8% of detached houses are smaller than 36 NICHOLSON DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Beccles.

36 NICHOLSON DRIVE: Plot and Title Map

36 NICHOLSON DRIVE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 36 NICHOLSON 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 36 NICHOLSON 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 36 NICHOLSON DRIVE?

36 NICHOLSON DRIVE is located in BECCLES, in the NR34 postcode district. The below map shows the position of No. 36 on NICHOLSON DRIVE.