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 LONGFIELD WAY is a large extended detached house of 125m², built sometime between 1967 and 1975. It was last sold for £380,000 in September 2022, which was around 14% below the average September 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 32 LONGFIELD WAY since 1st 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 32 LONGFIELD 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 14 SEP | £380,000 | £439,700 | 14% below HPI |
1998 16 OCT | £59,995 | £90,728 | 34% below HPI |
The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 32 LONGFIELD WAY sales from October 1998 and September 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 October 1998 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
32 LONGFIELD WAY is 125m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 30% 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 LONGFIELD WAY lies on this distribution: 75% of detached houses are smaller than 32 LONGFIELD WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.
32 LONGFIELD WAY sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 32 LONGFIELD 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 LONGFIELD 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.
32 LONGFIELD WAY is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 32 on LONGFIELD WAY.