24, NICHOLAS DRIVE, REYDON, SOUTHWOLD, IP18 6RE - £316,500

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.

24 NICHOLAS DRIVE is a large detached house of 121m², built sometime between 1950 and 1966, which could now be worth an estimated £516,352. It was last sold for £316,500 in November 2010, which was around 24% above the average November 2010 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

24 NICHOLAS DRIVE Sold Prices

Land registry data shows three sales for 24 NICHOLAS 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 24 NICHOLAS DRIVE sales were for above 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
2010 17 NOV	£316,500	£255,502	24% above HPI
2007 26 SEP	£322,000	£266,416	21% above HPI
2002 28 JUN	£170,000	£156,170	9% above HPI

24 NICHOLAS 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 24 NICHOLAS DRIVE sales between June 2002 and November 2010 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 2007 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the November 2010 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 24 NICHOLAS DRIVE be worth now?

24 NICHOLAS DRIVE might now be worth an estimated £516,352.

This is based on house price inflation of 63.1%, between November 2010 and June 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 63.1% inflationary increase is applied to the most recent sale price for 24 NICHOLAS DRIVE of £316,500 on 17th November 2010. For the value to have increased from £316,500 to £516,352 over the fifteen years and five months to June 2025, the following assumptions must hold true:

• The value of 24 NICHOLAS DRIVE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The November 2010 sale price of £316,500 represented a fair market value for the property.
• The size, condition, and specification of 24 NICHOLAS DRIVE has not materially changed since November 2010.

How Large is 24 NICHOLAS DRIVE?

24 NICHOLAS DRIVE is 121m² according to the EPC inspection conducted in June 2022. This puts it in the largest 40% of detached houses houses in Reydon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reydon, and where 24 NICHOLAS DRIVE lies on this distribution: 66% of detached houses houses are smaller than 24 NICHOLAS DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Reydon.

24 NICHOLAS DRIVE: Plot and Title Map

24 NICHOLAS DRIVE sits on a plot of roughly 0.197 of an acre, or 797m². The below map shows the location of 24 NICHOLAS 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 24 NICHOLAS 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 24 NICHOLAS DRIVE?

24 NICHOLAS DRIVE is located in REYDON, in the IP18 postcode district. The below map shows the position of No. 24 on NICHOLAS DRIVE.