45, ORFORD DRIVE, LOWESTOFT, NR32 3DJ - £158,000

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

45 ORFORD DRIVE is a very small extended detached house of 69m², built sometime between 1950 and 1966. It was last sold for £158,000 in November 2007, which was around 42% below the average November 2007 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

45 ORFORD DRIVE Sold Prices

Land registry data shows three sales for 45 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 45 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
2007 12 NOV	£158,000	£270,679	42% below HPI
2004 4 JUN	£142,995	£214,961	33% below HPI
1999 27 SEP	£59,000	£100,856	42% below HPI

45 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 45 ORFORD DRIVE sales between September 1999 and November 2007 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 June 2004 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2007 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 45 ORFORD DRIVE?

45 ORFORD DRIVE is 69m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the smallest 20% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 45 ORFORD DRIVE lies on this distribution: 17% of detached houses are smaller than 45 ORFORD DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

45 ORFORD DRIVE: Plot and Title Map

45 ORFORD DRIVE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 45 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 45 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 45 ORFORD DRIVE?

45 ORFORD DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 45 on ORFORD DRIVE.