22, MIDDLE WAY, LOWESTOFT, NR32 4JY - £292,500

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 MIDDLE WAY is a small extended detached house of 77m², built sometime between 1930 and 1949. It was last sold for £292,500 in March 2023, which was around 32% below the average March 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

22 MIDDLE WAY Sold Prices

Land registry data shows two sales for 22 MIDDLE WAY 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 MIDDLE 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
2023 1 MAR	£292,500	£431,207	32% below HPI
2003 22 AUG	£102,500	£190,047	46% below HPI

22 MIDDLE 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 two 22 MIDDLE WAY sales from August 2003 and March 2023 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 August 2003 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the March 2023 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 22 MIDDLE WAY?

22 MIDDLE WAY is 77m², which includes one extension, according to the EPC inspection conducted in November 2017. 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 MIDDLE WAY lies on this distribution: 26% of detached houses are smaller than 22 MIDDLE WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

22 MIDDLE WAY: Plot and Title Map

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

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