1, SMITHS WALK, LOWESTOFT, NR33 8QN - £375,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 SMITHS WALK is a very large detached house of 184m², built sometime between 1983 and 1990. It was last sold for £375,000 in November 2016, which was around 16% above the average November 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

1 SMITHS WALK Sold Prices

Land registry data shows three sales for 1 SMITHS WALK 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 1 SMITHS WALK 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
2016 1 NOV	£375,000	£323,628	16% above HPI
2008 10 DEC	£300,000	£233,493	28% above HPI
2003 29 AUG	£218,000	£190,047	15% above HPI

1 SMITHS WALK 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 1 SMITHS WALK sales between August 2003 and November 2016 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 2008 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the November 2016 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 1 SMITHS WALK?

1 SMITHS WALK is 184m² according to the EPC inspection conducted in October 2008. This puts it in the largest 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 1 SMITHS WALK lies on this distribution: 95% of detached houses are smaller than 1 SMITHS WALK, and 5% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1 SMITHS WALK: Plot and Title Map

1 SMITHS WALK sits on a plot of roughly 0.251 of an acre, or 1,017m². The below map shows the location of 1 SMITHS WALK, 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 1 SMITHS WALK). 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 1 SMITHS WALK?

1 SMITHS WALK is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 1 on SMITHS WALK.