3, MEADOW WAY, CARLTON COLVILLE, LOWESTOFT, NR33 8LF - £179,000

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 MEADOW WAY is a very small extended detached house of 71m², built sometime between 1976 and 1982. It was last sold for £179,000 in January 2015, which was around 37% below the average January 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

3 MEADOW WAY Sold Prices

Land registry data shows three sales for 3 MEADOW WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 3 MEADOW 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
2015 9 JAN	£179,000	£282,606	37% below HPI
2005 7 OCT	£156,000	£227,208	31% below HPI
1996 5 DEC	£40,000	£77,874	49% below HPI

3 MEADOW 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 three 3 MEADOW WAY sales between December 1996 and January 2015 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 2005 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2015 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 3 MEADOW WAY?

3 MEADOW WAY is 71m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the smallest 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 MEADOW WAY lies on this distribution: 18% of detached houses are smaller than 3 MEADOW WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

3 MEADOW WAY: Plot and Title Map

3 MEADOW WAY sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 3 MEADOW 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 MEADOW 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 MEADOW WAY?

3 MEADOW WAY is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 3 on MEADOW WAY.