16, FISHERMANS WAY, KESSINGLAND, LOWESTOFT, NR33 7NY - £285,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 FISHERMANS WAY is a small extended detached house of 81m², built sometime between 1976 and 1982. It was last sold for £285,000 in August 2024, which was around 33% below the average August 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

16 FISHERMANS WAY Sold Prices

Land registry data shows four sales for 16 FISHERMANS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 16 FISHERMANS 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
2024 15 AUG	£285,000	£425,104	33% below HPI
2017 5 MAY	£205,000	£331,801	38% below HPI
1999 28 MAY	£64,000	£91,995	30% below HPI
1997 30 JUN	£55,000	£80,188	31% below HPI

16 FISHERMANS 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 four 16 FISHERMANS WAY sales between June 1997 and August 2024 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 May 2017 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2024 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 16 FISHERMANS WAY?

16 FISHERMANS WAY is 81m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 40% of detached houses in Kessingland, based on EPC data. The below chart shows the distribution of detached houses by size in Kessingland, and where 16 FISHERMANS WAY lies on this distribution: 36% of detached houses are smaller than 16 FISHERMANS WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Kessingland.

16 FISHERMANS WAY: Plot and Title Map

16 FISHERMANS WAY sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 16 FISHERMANS 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 16 FISHERMANS 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 16 FISHERMANS WAY?

16 FISHERMANS WAY is located in KESSINGLAND, in the NR33 postcode district. The below map shows the position of No. 16 on FISHERMANS WAY.