2, MICAWBER MEWS, BLUNDESTON, LOWESTOFT, NR32 5BY - £430,000

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 MICAWBER MEWS is a large detached house of 150m², built sometime between 1996 and 2002. It was last sold for £430,000 in May 2021, which was around 15% above the average May 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

2 MICAWBER MEWS Sold Prices

Land registry data shows two sales for 2 MICAWBER MEWS 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 MICAWBER MEWS sales were for above 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
2021 21 MAY	£430,000	£372,753	15% above HPI
1999 11 JUN	£135,000	£93,324	45% above HPI

2 MICAWBER MEWS 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 MICAWBER MEWS sales from June 1999 and May 2021 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 1999 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the May 2021 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 2 MICAWBER MEWS?

2 MICAWBER MEWS is 150m² according to the EPC inspection conducted in December 2020. This puts it in the largest 40% of detached houses in Blundeston, based on EPC data. The below chart shows the distribution of detached houses by size in Blundeston, and where 2 MICAWBER MEWS lies on this distribution: 66% of detached houses are smaller than 2 MICAWBER MEWS, and 33% of houses are larger. Note that EPC data is not available for all properties in Blundeston.

2 MICAWBER MEWS: Plot and Title Map

2 MICAWBER MEWS sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of 2 MICAWBER MEWS, 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 MICAWBER MEWS). 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 MICAWBER MEWS?

2 MICAWBER MEWS is located in BLUNDESTON, in the NR32 postcode district. The below map shows the position of No. 2 on MICAWBER MEWS.