3, AKETHORPE WAY, LOWESTOFT, NR32 4TR - £360,000

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

3 AKETHORPE WAY is a very large extended detached house of 135m², built sometime between 1983 and 1990. It was last sold for £360,000 in November 2023, which was around 15% below the average November 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2023, where the current energy rating was B, and the potential energy rating was A.

3 AKETHORPE WAY Sold Prices

Land registry data shows two sales for 3 AKETHORPE 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 3 AKETHORPE 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
2023 22 NOV	£360,000	£423,853	15% below HPI
2004 14 OCT	£179,950	£221,394	19% below HPI

3 AKETHORPE 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 3 AKETHORPE WAY sales from October 2004 and November 2023 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 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 3 AKETHORPE WAY?

3 AKETHORPE WAY is 135m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 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 3 AKETHORPE WAY lies on this distribution: 82% of detached houses are smaller than 3 AKETHORPE WAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

3 AKETHORPE WAY: Plot and Title Map

3 AKETHORPE WAY sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 3 AKETHORPE 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 3 AKETHORPE 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 3 AKETHORPE WAY?

3 AKETHORPE WAY is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 3 on AKETHORPE WAY.