28, BUTTERMERE WAY, CARLTON COLVILLE, LOWESTOFT, NR33 8FF - £178,000

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

28 BUTTERMERE WAY is a small detached house of 87m², built sometime from 2007 onwards. It was last sold for £178,000 in May 2014, which was around 34% below the average May 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

28 BUTTERMERE WAY Sold Prices

Land registry data shows two sales for 28 BUTTERMERE 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 28 BUTTERMERE 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
2014 9 MAY	£178,000	£270,205	34% below HPI
2011 30 JUN	£180,000	£253,490	29% below HPI

28 BUTTERMERE 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 28 BUTTERMERE WAY sales from June 2011 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 June 2011 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2014 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 28 BUTTERMERE WAY?

28 BUTTERMERE WAY is 87m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 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 28 BUTTERMERE WAY lies on this distribution: 39% of detached houses are smaller than 28 BUTTERMERE WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

28 BUTTERMERE WAY: Plot and Title Map

28 BUTTERMERE WAY sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 28 BUTTERMERE 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 28 BUTTERMERE 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 28 BUTTERMERE WAY?

28 BUTTERMERE WAY is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 28 on BUTTERMERE WAY.