2, FISHERMANS WAY, KESSINGLAND, LOWESTOFT, NR33 7NY - £132,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 FISHERMANS WAY is a very small detached house of 66m², built sometime between 1976 and 1982. It was last sold for £132,000 in September 2012, which was around 47% below the average September 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

2 FISHERMANS WAY Sold Prices

Land registry data shows two sales for 2 FISHERMANS 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 2 FISHERMANS 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
2012 5 SEP	£132,000	£251,289	47% below HPI
2003 23 MAY	£109,950	£184,148	40% below HPI

2 FISHERMANS 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 2 FISHERMANS WAY sales from May 2003 and September 2012 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 May 2003 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2012 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 2 FISHERMANS WAY?

2 FISHERMANS WAY is 66m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of detached houses in Kessingland, based on EPC data. The below chart shows the distribution of detached houses by size in Kessingland, and where 2 FISHERMANS WAY lies on this distribution: 13% of detached houses are smaller than 2 FISHERMANS WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Kessingland.

2 FISHERMANS WAY: Plot and Title Map

2 FISHERMANS WAY sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 2 FISHERMANS 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 2 FISHERMANS 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 2 FISHERMANS WAY?

2 FISHERMANS WAY is located in KESSINGLAND, in the NR33 postcode district. The below map shows the position of No. 2 on FISHERMANS WAY.