12, LAXFIELD WAY, LOWESTOFT, NR33 7HQ - £475,000

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

12 LAXFIELD WAY is a very large extended detached house of 340m², built sometime between 1991 and 1995. It was last sold for £475,000 in July 2017, which was around 42% above the average July 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

12 LAXFIELD WAY Sold Prices

Land registry data shows two sales for 12 LAXFIELD 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. One of the two 12 LAXFIELD WAY sales was for above the average price, whilst the other was 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
2017 5 JUL	£475,000	£333,760	42% above HPI
2012 20 DEC	£232,000	£246,975	6% below HPI

12 LAXFIELD 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 12 LAXFIELD WAY sales from December 2012 and July 2017 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 2012 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2017 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 12 LAXFIELD WAY?

12 LAXFIELD WAY is 340m², which includes one extension, according to the EPC inspection conducted in March 2017. 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 12 LAXFIELD WAY lies on this distribution: More than 99% of detached houses are smaller than 12 LAXFIELD WAY, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

12 LAXFIELD WAY: Plot and Title Map

12 LAXFIELD WAY sits on a plot of roughly 0.263 of an acre, or 1,065m². The below map shows the location of 12 LAXFIELD 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 12 LAXFIELD 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 12 LAXFIELD WAY?

12 LAXFIELD WAY is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 12 on LAXFIELD WAY.