8, LEONARD DRIVE, LOWESTOFT, NR32 4WB - £146,500

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

8 LEONARD DRIVE is a small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £146,500 in October 2005, which was around 36% below the average October 2005 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

8 LEONARD DRIVE Sold Prices

Land registry data shows three sales for 8 LEONARD 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 8 LEONARD 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
2005 28 OCT	£146,500	£227,208	36% below HPI
2001 9 MAY	£84,950	£129,339	34% below HPI
1998 7 MAY	£69,950	£85,580	18% below HPI

8 LEONARD 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 8 LEONARD DRIVE sales between May 1998 and October 2005 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 2001 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2005 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 8 LEONARD DRIVE?

8 LEONARD DRIVE is 84m² according to the EPC inspection conducted in February 2015. 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 8 LEONARD DRIVE lies on this distribution: 36% of detached houses are smaller than 8 LEONARD DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

8 LEONARD DRIVE: Plot and Title Map

8 LEONARD DRIVE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 8 LEONARD 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 8 LEONARD 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 8 LEONARD DRIVE?

8 LEONARD DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 8 on LEONARD DRIVE.