5, HEIGHAM DRIVE, LOWESTOFT, NR33 9DX - £225,000

5 HEIGHAM DRIVE is a very small extended detached house of 63m², built sometime between 1950 and 1966. It was last sold for £225,000 in December 2018, which was around 37% below the average December 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

5 HEIGHAM DRIVE Sold Prices

Land registry data shows two sales for 5 HEIGHAM 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 5 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
2018 14 DEC	£225,000	£358,627	37% below HPI
2018 12 JUL	£160,000	£354,036	55% below HPI

5 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 two 5 HEIGHAM DRIVE sales from July 2018 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 July 2018 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the December 2018 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 5 HEIGHAM DRIVE?

5 HEIGHAM DRIVE is 63m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 5 HEIGHAM DRIVE lies on this distribution: 9% of detached houses are smaller than 5 HEIGHAM DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

5 HEIGHAM DRIVE: Plot and Title Map

5 HEIGHAM DRIVE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 5 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 5 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 5 HEIGHAM DRIVE?

5 HEIGHAM DRIVE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 5 on HEIGHAM DRIVE.