2, STROWGERS WAY, KESSINGLAND, LOWESTOFT, NR33 7PA - £245,000

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 STROWGERS WAY is a very small detached house of 53m², built sometime between 1983 and 1990. It was last sold for £245,000 in March 2024, which was around 42% below the average March 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

2 STROWGERS WAY Sold Prices

Land registry data shows three sales for 2 STROWGERS 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 STROWGERS 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
2024 26 MAR	£245,000	£424,824	42% below HPI
2021 29 JAN	£215,000	£373,856	42% below HPI
2002 21 NOV	£48,000	£176,508	73% below HPI

2 STROWGERS 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 STROWGERS WAY sales between November 2002 and March 2024 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 January 2021 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2024 sale, which was also at 42% below the HPI.

How Large is 2 STROWGERS WAY?

2 STROWGERS WAY is 53m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% 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 STROWGERS WAY lies on this distribution: 3% of detached houses are smaller than 2 STROWGERS WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Kessingland.

2 STROWGERS WAY: Plot and Title Map

2 STROWGERS WAY sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 2 STROWGERS 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 STROWGERS 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 STROWGERS WAY?

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