18, THE FAIRWAY, LOWESTOFT, NR33 9JB - £159,000

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

18 THE FAIRWAY is a midsized extended detached house of 91m², built sometime between 1950 and 1966. It was last sold for £159,000 in March 2014, which was around 39% below the average March 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2023, where the current energy rating was E, and the potential energy rating was C.

18 THE FAIRWAY Sold Prices

Land registry data shows two sales for 18 THE FAIRWAY 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 18 THE FAIRWAY 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
2014 28 MAR	£159,000	£259,107	39% below HPI
2012 27 JUL	£148,995	£250,587	41% below HPI

18 THE FAIRWAY 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 18 THE FAIRWAY sales from July 2012 and March 2014 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 2012 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2014 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 18 THE FAIRWAY?

18 THE FAIRWAY is 91m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 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 18 THE FAIRWAY lies on this distribution: 43% of detached houses are smaller than 18 THE FAIRWAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

18 THE FAIRWAY: Plot and Title Map

18 THE FAIRWAY sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 18 THE FAIRWAY, 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 18 THE FAIRWAY). 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 18 THE FAIRWAY?

18 THE FAIRWAY is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 18 on THE FAIRWAY.