2, JOHNSON WAY, LOWESTOFT, NR32 4WW - £237,500

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 JOHNSON WAY is a very large detached house of 133m², built sometime between 1996 and 2002. It was last sold for £237,500 in January 2012, which was around 9% below the average January 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

2 JOHNSON WAY Sold Prices

Land registry data shows three sales for 2 JOHNSON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 2 JOHNSON 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 27 JAN	£237,500	£260,137	9% below HPI
2007 18 JUN	£237,500	£245,338	3% below HPI
2002 15 NOV	£173,500	£176,508	2% below HPI

2 JOHNSON 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 three 2 JOHNSON WAY sales between November 2002 and January 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 June 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2012 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2 JOHNSON WAY?

2 JOHNSON WAY is 133m² according to the EPC inspection conducted in August 2018. This puts it in the largest 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 JOHNSON WAY lies on this distribution: 81% of detached houses are smaller than 2 JOHNSON WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 JOHNSON WAY: Plot and Title Map

2 JOHNSON WAY sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 2 JOHNSON 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 JOHNSON 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 JOHNSON WAY?

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