11, AKETHORPE WAY, LOWESTOFT, NR32 4TR - £340,000

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

11 AKETHORPE WAY is a large extended detached house of 115m², built sometime between 1976 and 1982. It was last sold for £340,000 in October 2021, which was around 14% below the average October 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

11 AKETHORPE WAY Sold Prices

Land registry data shows two sales for 11 AKETHORPE WAY 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 11 AKETHORPE WAY 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
2021 11 OCT	£340,000	£394,339	14% below HPI
1998 1 JUL	£79,950	£89,503	11% below HPI

11 AKETHORPE WAY 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 11 AKETHORPE WAY sales from July 1998 and October 2021 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 1998 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 11 AKETHORPE WAY?

11 AKETHORPE WAY is 115m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 40% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 11 AKETHORPE WAY lies on this distribution: 68% of detached houses are smaller than 11 AKETHORPE WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

11 AKETHORPE WAY: Plot and Title Map

11 AKETHORPE WAY sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 11 AKETHORPE WAY, 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 11 AKETHORPE WAY). 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 11 AKETHORPE WAY?

11 AKETHORPE WAY is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 11 on AKETHORPE WAY.