1, LEONARD DRIVE, LOWESTOFT, NR32 4WB - £283,000

1 LEONARD DRIVE is a small detached house of 82m², built sometime between 1996 and 2002. It was last sold for £283,000 in November 2022, which was around 39% below the average November 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

1 LEONARD DRIVE Sold Prices

Land registry data shows four sales for 1 LEONARD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 1 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
2022 4 NOV	£283,000	£461,133	39% below HPI
2015 18 JUN	£190,000	£296,524	36% below HPI
2001 29 JUN	£89,000	£129,058	31% below HPI
1998 6 JUL	£73,500	£89,503	18% below HPI

1 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 four 1 LEONARD DRIVE sales between July 1998 and November 2022 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 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2022 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 1 LEONARD DRIVE?

1 LEONARD DRIVE is 82m² according to the EPC inspection conducted in August 2014. 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 1 LEONARD DRIVE lies on this distribution: 33% of detached houses are smaller than 1 LEONARD DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1 LEONARD DRIVE: Plot and Title Map

1 LEONARD DRIVE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 1 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 1 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 1 LEONARD DRIVE?

1 LEONARD DRIVE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 1 on LEONARD DRIVE.