16, FORDSON WAY, CARLTON COLVILLE, LOWESTOFT, NR33 8GN - £218,500

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

16 FORDSON WAY is a very small detached house of 61m², built sometime between 2003 and 2006. It was last sold for £218,500 in July 2016, which was around 30% below the average July 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

16 FORDSON WAY Sold Prices

Land registry data shows three sales for 16 FORDSON WAY 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 16 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
2016 14 JUL	£218,500	£311,086	30% below HPI
2014 25 MAR	£189,995	£259,107	27% below HPI
2003 10 DEC	£139,950	£199,289	30% below HPI

16 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 three 16 FORDSON WAY sales between December 2003 and July 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 March 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2016 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 16 FORDSON WAY?

16 FORDSON WAY is 61m² according to the EPC inspection conducted in May 2013. 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 16 FORDSON WAY lies on this distribution: 7% of detached houses are smaller than 16 FORDSON WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

16 FORDSON WAY: Plot and Title Map

16 FORDSON WAY sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of 16 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 16 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 16 FORDSON WAY?

16 FORDSON WAY is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 16 on FORDSON WAY.