2, BISHOPS WALK, LOWESTOFT, NR32 4JN - £183,495

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

2 BISHOPS WALK is a very small detached house of 65m², built sometime between 1950 and 1966. It was last sold for £183,495 in November 2014, which was around 36% below the average November 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

2 BISHOPS WALK Sold Prices

Land registry data shows two sales for 2 BISHOPS WALK 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 2 BISHOPS WALK 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 NOV	£183,495	£286,739	36% below HPI
2014 21 MAR	£144,000	£259,107	44% below HPI

2 BISHOPS WALK 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 2 BISHOPS WALK sales from March 2014 and November 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 March 2014 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the November 2014 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 2 BISHOPS WALK?

2 BISHOPS WALK is 65m² according to the EPC inspection conducted in June 2014. 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 2 BISHOPS WALK lies on this distribution: 11% of detached houses are smaller than 2 BISHOPS WALK, and 89% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 BISHOPS WALK: Plot and Title Map

2 BISHOPS WALK sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 2 BISHOPS WALK, 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 2 BISHOPS WALK). 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 2 BISHOPS WALK?

2 BISHOPS WALK is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 2 on BISHOPS WALK.