29, THE FAIRWAY, LOWESTOFT, NR33 9HZ - £183,000

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

29 THE FAIRWAY is a very small detached house of 54m², built sometime between 1950 and 1966. It was last sold for £183,000 in August 2016, which was around 43% below the average August 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

29 THE FAIRWAY Sold Prices

Land registry data shows two sales for 29 THE FAIRWAY 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 29 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
2016 5 AUG	£183,000	£320,108	43% below HPI
2015 24 SEP	£140,000	£301,956	54% below HPI

29 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 two 29 THE FAIRWAY sales from September 2015 and August 2016 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 September 2015 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the August 2016 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 29 THE FAIRWAY?

29 THE FAIRWAY is 54m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 10% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 29 THE FAIRWAY lies on this distribution: 2% of detached houses are smaller than 29 THE FAIRWAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

29 THE FAIRWAY: Plot and Title Map

29 THE FAIRWAY sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 29 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 29 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 29 THE FAIRWAY?

29 THE FAIRWAY is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 29 on THE FAIRWAY.