59, ORFORD DRIVE, LOWESTOFT, NR32 3DJ - £320,000

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

59 ORFORD DRIVE is a small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £320,000 in December 2022, which was around 27% below the average December 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

59 ORFORD DRIVE Sold Prices

Land registry data shows three sales for 59 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 59 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
2022 9 DEC	£320,000	£441,323	27% below HPI
2021 21 MAY	£200,000	£372,753	46% below HPI
1998 24 APR	£62,995	£83,741	25% below HPI

59 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 59 ORFORD DRIVE sales between April 1998 and December 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 May 2021 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the December 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 59 ORFORD DRIVE?

59 ORFORD DRIVE is 75m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 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 59 ORFORD DRIVE lies on this distribution: 23% of detached houses are smaller than 59 ORFORD DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

59 ORFORD DRIVE: Plot and Title Map

59 ORFORD DRIVE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 59 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 59 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 59 ORFORD DRIVE?

59 ORFORD DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 59 on ORFORD DRIVE.