40, NICHOLSON DRIVE, BECCLES, NR34 9UX - £178,500

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

40 NICHOLSON DRIVE is a midsized detached house of 85m², built sometime between 1983 and 1990. It was last sold for £178,500 in October 2012, which was around 30% below the average October 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

40 NICHOLSON DRIVE Sold Prices

Land registry data shows two sales for 40 NICHOLSON 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. Both of the two 40 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
2012 23 OCT	£178,500	£253,690	30% below HPI
2006 25 OCT	£169,950	£237,560	28% below HPI

40 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 two 40 NICHOLSON DRIVE sales from October 2006 and October 2012 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 October 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2012 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 40 NICHOLSON DRIVE?

40 NICHOLSON DRIVE is 85m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 50% of detached houses in Beccles, based on EPC data. The below chart shows the distribution of detached houses by size in Beccles, and where 40 NICHOLSON DRIVE lies on this distribution: 41% of detached houses are smaller than 40 NICHOLSON DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Beccles.

40 NICHOLSON DRIVE: Plot and Title Map

40 NICHOLSON DRIVE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 40 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 40 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 40 NICHOLSON DRIVE?

40 NICHOLSON DRIVE is located in BECCLES, in the NR34 postcode district. The below map shows the position of No. 40 on NICHOLSON DRIVE.