7, LODGE FARM DRIVE, FELIXSTOWE, IP11 7JY - £420,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 LODGE FARM DRIVE is a small detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £506,892. It was last sold for £420,000 in June 2018, which was around 20% above the average June 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

7 LODGE FARM DRIVE Sold Prices

Land registry data shows three sales for 7 LODGE FARM 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 7 LODGE FARM DRIVE sales were 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
2018 19 JUN	£420,000	£350,527	20% above HPI
2010 16 FEB	£285,000	£248,650	15% above HPI
1999 21 MAY	£131,000	£92,009	42% above HPI

7 LODGE FARM 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 7 LODGE FARM DRIVE sales between May 1999 and June 2018 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 February 2010 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2018 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 7 LODGE FARM DRIVE be worth now?

7 LODGE FARM DRIVE might now be worth an estimated £506,892.

This is based on house price inflation of 20.7%, between June 2018 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.7% inflationary increase is applied to the most recent sale price for 7 LODGE FARM DRIVE of £420,000 on 19th June 2018. For the value to have increased from £420,000 to £506,892 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 7 LODGE FARM DRIVE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The June 2018 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LODGE FARM DRIVE has not materially changed since June 2018.

How Large is 7 LODGE FARM DRIVE?

7 LODGE FARM DRIVE is 85m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 30% of detached houses houses in Felixstowe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Felixstowe, and where 7 LODGE FARM DRIVE lies on this distribution: 21% of detached houses houses are smaller than 7 LODGE FARM DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Felixstowe.

7 LODGE FARM DRIVE: Plot and Title Map

7 LODGE FARM DRIVE sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of 7 LODGE FARM 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 LODGE FARM 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 LODGE FARM DRIVE?

7 LODGE FARM DRIVE is located in FELIXSTOWE, in the IP11 postcode district. The below map shows the position of No. 7 on LODGE FARM DRIVE.