12, HEIGHAM DRIVE, LOWESTOFT, NR33 9DY - £250,000

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.

12 HEIGHAM DRIVE is a very small semi-detached house of 55m², built sometime between 1967 and 1975, which could now be worth an estimated £247,018. It was last sold for £250,000 in October 2022, which was around 11% below the average October 2022 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

12 HEIGHAM DRIVE Sold Prices

Land registry data shows three sales for 12 HEIGHAM DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 12 HEIGHAM 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 28 OCT	£250,000	£282,419	11% below HPI
2020 29 SEP	£195,000	£235,922	17% below HPI
2019 13 SEP	£155,000	£224,900	31% below HPI

12 HEIGHAM DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 12 HEIGHAM DRIVE sales between September 2019 and October 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 September 2020 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 12 HEIGHAM DRIVE be worth now?

12 HEIGHAM DRIVE might now be worth an estimated £247,018.

This is based on house price deflation of 1.2%, between October 2022 and February 2025, for semi-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 1.2% deflationary decrease is applied to the most recent sale price for 12 HEIGHAM DRIVE of £250,000 on 28th October 2022. For the value to have decreased from £250,000 to £247,018 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 12 HEIGHAM DRIVE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The October 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 12 HEIGHAM DRIVE has not materially changed since October 2022.

How Large is 12 HEIGHAM DRIVE?

12 HEIGHAM DRIVE is 55m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of semi-detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lowestoft, and where 12 HEIGHAM DRIVE lies on this distribution: 2% of semi-detached houses houses are smaller than 12 HEIGHAM DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

12 HEIGHAM DRIVE: Plot and Title Map

12 HEIGHAM DRIVE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 12 HEIGHAM 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 12 HEIGHAM 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 12 HEIGHAM DRIVE?

12 HEIGHAM DRIVE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 12 on HEIGHAM DRIVE.