16, TOWNSEND WAY, LOWESTOFT, NR32 4GF - £263,000

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

16 TOWNSEND WAY is a midsized detached house of 101m², built sometime between 2003 and 2006. It was last sold for £263,000 in August 2017, which was around 22% below the average August 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

16 TOWNSEND WAY Sold Prices

Land registry data shows two sales for 16 TOWNSEND 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 16 TOWNSEND 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
2017 3 AUG	£263,000	£338,592	22% below HPI
2004 5 NOV	£172,950	£220,375	22% below HPI

16 TOWNSEND 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 16 TOWNSEND WAY sales from November 2004 and August 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 November 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2017 sale, which was also at 22% below the HPI.

How Large is 16 TOWNSEND WAY?

16 TOWNSEND WAY is 101m² according to the EPC inspection conducted in April 2017. This puts it in the largest 50% 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 TOWNSEND WAY lies on this distribution: 55% of detached houses are smaller than 16 TOWNSEND WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

16 TOWNSEND WAY: Plot and Title Map

16 TOWNSEND WAY sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 16 TOWNSEND 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 TOWNSEND 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 TOWNSEND WAY?

16 TOWNSEND WAY is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 16 on TOWNSEND WAY.