22, GRAMPIAN WAY, OULTON, LOWESTOFT, NR32 3EW - £306,250

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 GRAMPIAN WAY is a midsized extended detached house of 90m², built sometime between 1967 and 1975. It was last sold for £306,250 in July 2021, which was around 18% below the average July 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2023, where the current energy rating was B, and the potential energy rating was A.

22 GRAMPIAN WAY Sold Prices

Land registry data shows three sales for 22 GRAMPIAN 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 22 GRAMPIAN 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
2021 22 JUL	£306,250	£372,923	18% below HPI
2018 30 OCT	£220,000	£358,712	39% below HPI
2001 19 JUL	£97,000	£130,926	26% below HPI

22 GRAMPIAN 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 22 GRAMPIAN WAY sales between July 2001 and July 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 October 2018 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 22 GRAMPIAN WAY?

22 GRAMPIAN WAY is 90m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the smallest 50% 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 GRAMPIAN WAY lies on this distribution: 43% of detached houses are smaller than 22 GRAMPIAN WAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

22 GRAMPIAN WAY: Plot and Title Map

22 GRAMPIAN WAY sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 22 GRAMPIAN 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 22 GRAMPIAN 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 22 GRAMPIAN WAY?

22 GRAMPIAN WAY is located in OULTON, in the NR32 postcode district. The below map shows the position of No. 22 on GRAMPIAN WAY.