23, LYNGATE AVENUE, LOWESTOFT, NR33 9JD - £200,000

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

23 LYNGATE AVENUE is a very small detached house of 66m², built sometime between 1950 and 1966. It was last sold for £200,000 in March 2021, which was around 46% below the average March 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

23 LYNGATE AVENUE Sold Prices

Land registry data shows two sales for 23 LYNGATE AVENUE 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 23 LYNGATE AVENUE 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 12 MAR	£200,000	£371,419	46% below HPI
1997 1 DEC	£56,995	£84,679	33% below HPI

23 LYNGATE AVENUE 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 23 LYNGATE AVENUE sales from December 1997 and March 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 December 1997 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2021 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 23 LYNGATE AVENUE?

23 LYNGATE AVENUE is 66m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 20% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 23 LYNGATE AVENUE lies on this distribution: 12% of detached houses are smaller than 23 LYNGATE AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

23 LYNGATE AVENUE: Plot and Title Map

23 LYNGATE AVENUE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 23 LYNGATE AVENUE, 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 23 LYNGATE AVENUE). 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 23 LYNGATE AVENUE?

23 LYNGATE AVENUE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 23 on LYNGATE AVENUE.