42, ORFORD DRIVE, LOWESTOFT, NR32 3DJ - £295,000

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

42 ORFORD DRIVE is a large extended detached house of 125m², built sometime between 1967 and 1975. It was last sold for £295,000 in January 2019, which was around 17% below the average January 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

42 ORFORD DRIVE Sold Prices

Land registry data shows two sales for 42 ORFORD 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 42 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
2019 18 JAN	£295,000	£356,746	17% below HPI
1998 11 MAY	£66,995	£85,580	22% below HPI

42 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 two 42 ORFORD DRIVE sales from May 1998 and January 2019 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 May 1998 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2019 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 42 ORFORD DRIVE?

42 ORFORD DRIVE is 125m², which includes two extensions, according to the EPC inspection conducted in September 2018. 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 42 ORFORD DRIVE lies on this distribution: 75% of detached houses are smaller than 42 ORFORD DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

42 ORFORD DRIVE: Plot and Title Map

42 ORFORD DRIVE sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 42 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 42 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 42 ORFORD DRIVE?

42 ORFORD DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 42 on ORFORD DRIVE.