7, BEECHING DRIVE, LOWESTOFT, NR32 4TB - £280,000

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

7 BEECHING DRIVE is a very large detached house of 146m², built sometime between 1967 and 1975. It was last sold for £280,000 in June 2024, which was around 34% below the average June 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was B.

7 BEECHING DRIVE Sold Prices

Land registry data shows four sales for 7 BEECHING DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Most of the four 7 BEECHING 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
2024 5 JUN	£280,000	£421,226	34% below HPI
2013 8 MAY	£250,000	£251,653	1% below HPI
2011 11 NOV	£180,000	£252,566	29% below HPI
1995 9 AUG	£87,500	£74,537	17% above HPI

7 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 four 7 BEECHING DRIVE sales between August 1995 and June 2024 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 2013 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2024 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 7 BEECHING DRIVE?

7 BEECHING DRIVE is 146m² according to the EPC inspection conducted in July 2024. This puts it in the largest 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 7 BEECHING DRIVE lies on this distribution: 86% of detached houses are smaller than 7 BEECHING DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

7 BEECHING DRIVE: Plot and Title Map

7 BEECHING DRIVE sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 7 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 7 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 7 BEECHING DRIVE?

7 BEECHING DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 7 on BEECHING DRIVE.