17, BURNT HILL WAY, LOWESTOFT, NR33 8PB - £225,000

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

17 BURNT HILL WAY is a very small extended detached house of 66m², built sometime between 1967 and 1975. It was last sold for £225,000 in December 2021, which was around 44% below the average December 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

17 BURNT HILL WAY Sold Prices

Land registry data shows four sales for 17 BURNT HILL 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 17 BURNT HILL 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
2021 21 DEC	£225,000	£404,862	44% below HPI
2002 27 SEP	£114,995	£167,041	31% below HPI
2001 8 JUN	£78,000	£129,058	40% below HPI
1995 24 FEB	£59,995	£76,074	21% below HPI

17 BURNT HILL 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 17 BURNT HILL WAY sales between February 1995 and December 2021 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 September 2002 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2021 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 17 BURNT HILL WAY?

17 BURNT HILL WAY is 66m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 17 BURNT HILL WAY lies on this distribution: 12% of detached houses are smaller than 17 BURNT HILL WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

17 BURNT HILL WAY: Plot and Title Map

17 BURNT HILL WAY sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 17 BURNT HILL 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 17 BURNT HILL 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 17 BURNT HILL WAY?

17 BURNT HILL WAY is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 17 on BURNT HILL WAY.