23, TOWNSEND WAY, LOWESTOFT, NR32 4GF - £185,000

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 TOWNSEND WAY is a large detached house of 107m², built sometime between 2003 and 2006. It was last sold for £185,000 in September 2011, which was around 26% below the average September 2011 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

23 TOWNSEND WAY Sold Prices

Land registry data shows two sales for 23 TOWNSEND 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 23 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
2011 2 SEP	£185,000	£250,801	26% below HPI
2004 28 JUN	£171,950	£214,961	20% below HPI

23 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 two 23 TOWNSEND WAY sales from June 2004 and September 2011 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 June 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2011 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 23 TOWNSEND WAY?

23 TOWNSEND WAY is 107m² according to the EPC inspection conducted in March 2010. This puts it in the largest 40% 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 TOWNSEND WAY lies on this distribution: 60% of detached houses are smaller than 23 TOWNSEND WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

23 TOWNSEND WAY: Plot and Title Map

23 TOWNSEND WAY sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 23 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 23 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 23 TOWNSEND WAY?

23 TOWNSEND WAY is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 23 on TOWNSEND WAY.