3, FULMAR WAY, LOWESTOFT, NR33 8PL - £310,000

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 FULMAR WAY is a midsized extended detached house of 94m², built sometime between 1967 and 1975. It was last sold for £310,000 in August 2022, which was around 28% below the average August 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was B.

3 FULMAR WAY Sold Prices

Land registry data shows two sales for 3 FULMAR 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 FULMAR 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
2022 26 AUG	£310,000	£432,997	28% below HPI
1999 12 MAR	£67,000	£90,454	26% below HPI

3 FULMAR 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 FULMAR WAY sales from March 1999 and August 2022 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 March 1999 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 3 FULMAR WAY?

3 FULMAR WAY is 94m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the smallest 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 3 FULMAR WAY lies on this distribution: 47% of detached houses are smaller than 3 FULMAR WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

3 FULMAR WAY: Plot and Title Map

3 FULMAR WAY sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 3 FULMAR 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 FULMAR 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 FULMAR WAY?

3 FULMAR WAY is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 3 on FULMAR WAY.