22, TOWNSEND WAY, LOWESTOFT, NR32 4GF - £275,000

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 TOWNSEND WAY is a large detached house of 126m², built sometime between 2003 and 2006. It was last sold for £275,000 in September 2019, which was around 21% below the average September 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

22 TOWNSEND WAY Sold Prices

Land registry data shows three sales for 22 TOWNSEND 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 TOWNSEND 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
2019 18 SEP	£275,000	£349,412	21% below HPI
2012 9 JUL	£185,500	£250,587	26% below HPI
2004 1 OCT	£178,950	£221,394	19% below HPI

22 TOWNSEND 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 TOWNSEND WAY sales between October 2004 and September 2019 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 July 2012 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2019 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 22 TOWNSEND WAY?

22 TOWNSEND WAY is 126m² according to the EPC inspection conducted in February 2012. This puts it in the largest 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 TOWNSEND WAY lies on this distribution: 77% of detached houses are smaller than 22 TOWNSEND WAY, and 23% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

22 TOWNSEND WAY: Plot and Title Map

22 TOWNSEND WAY sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 22 TOWNSEND 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 TOWNSEND 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 TOWNSEND WAY?

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