31, NICHOLSON DRIVE, BECCLES, NR34 9UX - £230,000

31 NICHOLSON DRIVE is a very small detached house of 63m², built sometime between 1976 and 1982. It was last sold for £230,000 in December 2018, which was around 36% below the average December 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

31 NICHOLSON DRIVE Sold Prices

Land registry data shows two sales for 31 NICHOLSON DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 31 NICHOLSON 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
2018 10 DEC	£230,000	£358,627	36% below HPI
2015 22 DEC	£180,000	£302,738	41% below HPI

31 NICHOLSON 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 two 31 NICHOLSON DRIVE sales from December 2015 and December 2018 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 December 2015 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2018 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 31 NICHOLSON DRIVE?

31 NICHOLSON DRIVE is 63m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Beccles, based on EPC data. The below chart shows the distribution of detached houses by size in Beccles, and where 31 NICHOLSON DRIVE lies on this distribution: 8% of detached houses are smaller than 31 NICHOLSON DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Beccles.

31 NICHOLSON DRIVE: Plot and Title Map

31 NICHOLSON DRIVE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 31 NICHOLSON 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 31 NICHOLSON 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 31 NICHOLSON DRIVE?

31 NICHOLSON DRIVE is located in BECCLES, in the NR34 postcode district. The below map shows the position of No. 31 on NICHOLSON DRIVE.