73, BEECHING DRIVE, LOWESTOFT, NR32 4TB - £370,000

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

73 BEECHING DRIVE is a small detached house of 86m², built sometime between 1976 and 1982. It was last sold for £370,000 in May 2023, which was around 11% below the average May 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

73 BEECHING DRIVE Sold Prices

Land registry data shows three sales for 73 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. The three 73 BEECHING DRIVE sales were a mix of below the average price, roughly equal to the average price, and 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
2023 11 MAY	£370,000	£415,931	11% below HPI
1999 23 JUL	£104,950	£96,527	9% above HPI
1995 13 APR	£76,000	£76,374	Close to HPI

73 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 73 BEECHING DRIVE sales between April 1995 and May 2023 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 July 1999 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2023 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 73 BEECHING DRIVE?

73 BEECHING DRIVE is 86m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 73 BEECHING DRIVE lies on this distribution: 38% of detached houses are smaller than 73 BEECHING DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

73 BEECHING DRIVE: Plot and Title Map

73 BEECHING DRIVE sits on a plot of roughly 0.183 of an acre, or 739m². The below map shows the location of 73 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 73 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 73 BEECHING DRIVE?

73 BEECHING DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 73 on BEECHING DRIVE.