14, FORDSON WAY, CARLTON COLVILLE, LOWESTOFT, NR33 8GN - £193,000

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

14 FORDSON WAY is a very small detached house of 59m², built sometime between 2003 and 2006. It was last sold for £193,000 in May 2013, which was around 23% below the average May 2013 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

14 FORDSON WAY Sold Prices

Land registry data shows two sales for 14 FORDSON 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 14 FORDSON 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
2013 1 MAY	£193,000	£251,653	23% below HPI
2003 31 JUL	£147,950	£186,962	21% below HPI

14 FORDSON 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 14 FORDSON WAY sales from July 2003 and May 2013 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 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2013 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 14 FORDSON WAY?

14 FORDSON WAY is 59m² according to the EPC inspection conducted in September 2022. 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 14 FORDSON WAY lies on this distribution: 4% of detached houses are smaller than 14 FORDSON WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

14 FORDSON WAY: Plot and Title Map

14 FORDSON WAY sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 14 FORDSON 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 14 FORDSON 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 14 FORDSON WAY?

14 FORDSON WAY is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 14 on FORDSON WAY.