88, PARK DRIVE, WORLINGHAM, BECCLES, NR34 7DL - £280,000

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

88 PARK DRIVE is a very small extended detached house of 74m², built sometime between 1967 and 1975. It was last sold for £280,000 in December 2020, which was around 26% below the average December 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was B, and the potential energy rating was A.

88 PARK DRIVE Sold Prices

Land registry data shows two sales for 88 PARK 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 88 PARK 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
2020 14 DEC	£280,000	£380,784	26% below HPI
2001 16 MAY	£59,950	£129,339	54% below HPI

88 PARK 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 88 PARK DRIVE sales from May 2001 and December 2020 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 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the December 2020 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 88 PARK DRIVE?

88 PARK DRIVE is 74m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses in Worlingham, based on EPC data. The below chart shows the distribution of detached houses by size in Worlingham, and where 88 PARK DRIVE lies on this distribution: 12% of detached houses are smaller than 88 PARK DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Worlingham.

88 PARK DRIVE: Plot and Title Map

88 PARK DRIVE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 88 PARK 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 88 PARK 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 88 PARK DRIVE?

88 PARK DRIVE is located in WORLINGHAM, in the NR34 postcode district. The below map shows the position of No. 88 on PARK DRIVE.