7, CHICHESTER DRIVE, LOWESTOFT, NR33 8PX - £208,000

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 CHICHESTER DRIVE is a large extended detached house of 119m², built sometime between 1967 and 1975. It was last sold for £208,000 in April 2014, which was around 21% below the average April 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

7 CHICHESTER DRIVE Sold Prices

Land registry data shows four sales for 7 CHICHESTER 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. All of the four 7 CHICHESTER 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
2014 22 APR	£208,000	£264,724	21% below HPI
2008 16 OCT	£178,000	£245,381	27% below HPI
2003 13 JUN	£145,000	£185,377	22% below HPI
1999 9 APR	£72,000	£90,677	21% below HPI

7 CHICHESTER 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 CHICHESTER DRIVE sales between April 1999 and April 2014 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 October 2008 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2014 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 7 CHICHESTER DRIVE?

7 CHICHESTER DRIVE is 119m², which includes one extension, according to the EPC inspection conducted in November 2013. 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 7 CHICHESTER DRIVE lies on this distribution: 71% of detached houses are smaller than 7 CHICHESTER DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

7 CHICHESTER DRIVE: Plot and Title Map

7 CHICHESTER DRIVE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 7 CHICHESTER 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 CHICHESTER 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 CHICHESTER DRIVE?

7 CHICHESTER DRIVE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 7 on CHICHESTER DRIVE.