23, THE FAIRWAY, LOWESTOFT, NR33 9HZ - £146,000

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 THE FAIRWAY is a midsized extended semi-detached house of 101m², built sometime between 1967 and 1975. It was last sold for £146,000 in May 2014, which was around 46% below the average May 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

23 THE FAIRWAY Sold Prices

Land registry data shows three sales for 23 THE FAIRWAY 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 23 THE FAIRWAY 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
2014 27 MAY	£146,000	£270,205	46% below HPI
2000 16 OCT	£68,500	£117,564	42% below HPI
1998 9 APR	£53,000	£83,741	37% below HPI

23 THE FAIRWAY 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 23 THE FAIRWAY sales between April 1998 and May 2014 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 2000 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2014 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 23 THE FAIRWAY?

23 THE FAIRWAY is 101m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 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 23 THE FAIRWAY lies on this distribution: 55% of detached houses are smaller than 23 THE FAIRWAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

23 THE FAIRWAY: Plot and Title Map

23 THE FAIRWAY sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 23 THE FAIRWAY, 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 THE FAIRWAY). 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 THE FAIRWAY?

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