8, TOWNLANDS DRIVE, BECCLES, NR34 9XU - £285,000

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.

8 TOWNLANDS DRIVE is a small extended detached house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £323,403. It was last sold for £285,000 in May 2021, which was around 24% below the average May 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

8 TOWNLANDS DRIVE Sold Prices

Land registry data shows two sales for 8 TOWNLANDS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 8 TOWNLANDS 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
2021 4 MAY	£285,000	£372,811	24% below HPI
2018 28 MAR	£225,000	£339,884	34% below HPI

8 TOWNLANDS 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 two 8 TOWNLANDS DRIVE sales from March 2018 and May 2021 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 March 2018 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 8 TOWNLANDS DRIVE be worth now?

8 TOWNLANDS DRIVE might now be worth an estimated £323,403.

This is based on house price inflation of 13.5%, between May 2021 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 13.5% inflationary increase is applied to the most recent sale price for 8 TOWNLANDS DRIVE of £285,000 on 4th May 2021. For the value to have increased from £285,000 to £323,403 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 8 TOWNLANDS DRIVE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The May 2021 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 8 TOWNLANDS DRIVE has not materially changed since May 2021.

How Large is 8 TOWNLANDS DRIVE?

8 TOWNLANDS DRIVE is 78m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 40% of detached houses houses in Beccles, based on EPC data. The below chart shows the distribution of detached houses houses by size in Beccles, and where 8 TOWNLANDS DRIVE lies on this distribution: 31% of detached houses houses are smaller than 8 TOWNLANDS DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Beccles.

8 TOWNLANDS DRIVE: Plot and Title Map

8 TOWNLANDS DRIVE sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 8 TOWNLANDS 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 TOWNLANDS 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 TOWNLANDS DRIVE?

8 TOWNLANDS DRIVE is located in BECCLES, in the NR34 postcode district. The below map shows the position of No. 8 on TOWNLANDS DRIVE.