32, CLOVER WAY, LOWESTOFT, NR32 4JT - £500,000

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

32 CLOVER WAY is a very large extended detached house of 170m², built sometime between 2003 and 2006. It was last sold for £500,000 in December 2021, which was around 23% above the average December 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

32 CLOVER WAY Sold Prices

Land registry data shows four sales for 32 CLOVER WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Most of the four 32 CLOVER WAY sales were for above 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
2021 3 DEC	£500,000	£404,862	23% above HPI
2010 14 MAY	£350,000	£252,413	39% above HPI
2005 7 MAR	£249,000	£224,733	11% above HPI
2003 17 OCT	£110,000	£197,051	44% below HPI

32 CLOVER 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 four 32 CLOVER WAY sales between October 2003 and December 2021 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 May 2010 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the December 2021 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 32 CLOVER WAY?

32 CLOVER WAY is 170m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 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 32 CLOVER WAY lies on this distribution: 93% of detached houses are smaller than 32 CLOVER WAY, and 7% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

32 CLOVER WAY: Plot and Title Map

32 CLOVER WAY sits on a plot of roughly 0.406 of an acre, or 1,643m². The below map shows the location of 32 CLOVER 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 32 CLOVER 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 32 CLOVER WAY?

32 CLOVER WAY is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 32 on CLOVER WAY.