2, LAWN WAY, FELIXSTOWE, IP11 7TG - £195,000

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

2 LAWN WAY is a very small extended detached house of 74m², built sometime between 1991 and 1995. It was last sold for £195,000 in September 2010, which was around 25% below the average September 2010 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

2 LAWN WAY Sold Prices

Land registry data shows three sales for 2 LAWN 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 LAWN 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
2010 1 SEP	£195,000	£261,384	25% below HPI
1999 10 DEC	£85,000	£102,225	17% below HPI
1995 31 MAR	£69,000	£76,074	9% below HPI

2 LAWN 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 LAWN WAY sales between March 1995 and September 2010 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 December 1999 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2010 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 LAWN WAY?

2 LAWN WAY is 74m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the smallest 20% of detached houses in Felixstowe, based on EPC data. The below chart shows the distribution of detached houses by size in Felixstowe, and where 2 LAWN WAY lies on this distribution: 11% of detached houses are smaller than 2 LAWN WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Felixstowe.

2 LAWN WAY: Plot and Title Map

2 LAWN WAY sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 2 LAWN 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 LAWN 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 LAWN WAY?

2 LAWN WAY is located in FELIXSTOWE, in the IP11 postcode district. The below map shows the position of No. 2 on LAWN WAY.