15, HEIGHAM DRIVE, LOWESTOFT, NR33 9DY - £205,000

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.

15 HEIGHAM DRIVE is a very small detached house of 57m², built sometime between 1967 and 1975, which could now be worth an estimated £199,722. It was last sold for £205,000 in October 2023, which was around 53% below the average October 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

15 HEIGHAM DRIVE Sold Prices

Land registry data shows three sales for 15 HEIGHAM DRIVE 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. All of the three 15 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
2023 6 OCT	£205,000	£434,225	53% below HPI
2011 11 MAR	£125,000	£246,987	49% below HPI
2006 21 DEC	£136,995	£241,238	43% below HPI

15 HEIGHAM 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 three 15 HEIGHAM DRIVE sales between December 2006 and October 2023 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 2011 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the October 2023 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might 15 HEIGHAM DRIVE be worth now?

15 HEIGHAM DRIVE might now be worth an estimated £199,722.

This is based on house price deflation of 2.6%, between October 2023 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 2.6% deflationary decrease is applied to the most recent sale price for 15 HEIGHAM DRIVE of £205,000 on 6th October 2023. For the value to have decreased from £205,000 to £199,722 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 HEIGHAM DRIVE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2023 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 15 HEIGHAM DRIVE has not materially changed since October 2023.

How Large is 15 HEIGHAM DRIVE?

15 HEIGHAM DRIVE is 57m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% of detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowestoft, and where 15 HEIGHAM DRIVE lies on this distribution: 3% of detached houses houses are smaller than 15 HEIGHAM DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

15 HEIGHAM DRIVE: Plot and Title Map

15 HEIGHAM DRIVE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 15 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 15 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 15 HEIGHAM DRIVE?

15 HEIGHAM DRIVE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 15 on HEIGHAM DRIVE.