SEA MELODY, BETHEL DRIVE, KESSINGLAND, LOWESTOFT, NR33 7RY - £545,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SEA MELODY is a very large extended detached house of 324m², built sometime between 1976 and 1982. It was last sold for £545,000 in October 2019, which was around 56% above the average October 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

SEA MELODY Sold Prices

Land registry data shows three sales for SEA MELODY 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. One of the three SEA MELODY sales was for above the average price, whilst two 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
2019 25 OCT	£545,000	£349,022	56% above HPI
2016 17 JUN	£170,000	£306,179	44% below HPI
2015 23 OCT	£85,000	£302,168	72% below HPI

SEA MELODY 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 SEA MELODY sales between October 2015 and October 2019 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 June 2016 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the October 2019 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is SEA MELODY?

SEA MELODY is 324m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 10% of detached houses in Kessingland, based on EPC data. The below chart shows the distribution of detached houses by size in Kessingland, and where SEA MELODY lies on this distribution: 99% of detached houses are smaller than SEA MELODY, and 1% of houses are larger. Note that EPC data is not available for all properties in Kessingland.

SEA MELODY: Plot and Title Map

SEA MELODY sits on a plot of roughly 0.186 of an acre, or 751m². The below map shows the location of SEA MELODY, 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 SEA MELODY). 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 SEA MELODY?

SEA MELODY is located on BETHEL DRIVE in KESSINGLAND, in the NR33 postcode district. The below map shows the position of SEA MELODY on BETHEL DRIVE.