22, BISHOPS WALK, LOWESTOFT, NR32 4JN - £350,000

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

22 BISHOPS WALK is a small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £350,000 in March 2022, which was around 15% below the average March 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

22 BISHOPS WALK Sold Prices

Land registry data shows two sales for 22 BISHOPS WALK 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 22 BISHOPS WALK 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
2022 29 MAR	£350,000	£411,636	15% below HPI
2021 30 SEP	£270,000	£378,972	29% below HPI

22 BISHOPS WALK 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 22 BISHOPS WALK sales from September 2021 and March 2022 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 September 2021 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 22 BISHOPS WALK?

22 BISHOPS WALK is 77m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 30% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 22 BISHOPS WALK lies on this distribution: 26% of detached houses are smaller than 22 BISHOPS WALK, and 72% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

22 BISHOPS WALK: Plot and Title Map

22 BISHOPS WALK sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 22 BISHOPS WALK, 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 22 BISHOPS WALK). 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 22 BISHOPS WALK?

22 BISHOPS WALK is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 22 on BISHOPS WALK.