55, BEECHING DRIVE, LOWESTOFT, NR32 4TB - £275,000

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

55 BEECHING DRIVE is a midsized detached house of 98m², built sometime between 1996 and 2002. It was last sold for £275,000 in April 2020, which was around 21% below the average April 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

55 BEECHING DRIVE Sold Prices

Land registry data shows three sales for 55 BEECHING 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. Two of the three 55 BEECHING DRIVE sales were for below the average price, whilst one 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
2020 28 APR	£275,000	£347,861	21% below HPI
2013 19 APR	£205,000	£248,438	17% below HPI
2002 9 MAY	£159,950	£153,113	4% above HPI

55 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 three 55 BEECHING DRIVE sales between May 2002 and April 2020 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 April 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 55 BEECHING DRIVE?

55 BEECHING DRIVE is 98m² according to the EPC inspection conducted in November 2012. This puts it in the largest 50% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 55 BEECHING DRIVE lies on this distribution: 51% of detached houses are smaller than 55 BEECHING DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

55 BEECHING DRIVE: Plot and Title Map

55 BEECHING DRIVE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 55 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 55 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 55 BEECHING DRIVE?

55 BEECHING DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 55 on BEECHING DRIVE.