34, BUTTERMERE WAY, CARLTON COLVILLE, LOWESTOFT, NR33 8FF - £225,000

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

34 BUTTERMERE WAY is a small detached house of 85m². It was last sold for £225,000 in November 2019, which was around 36% below the average November 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2011, where the current energy rating was B, and the potential energy rating was B.

34 BUTTERMERE WAY Sold Prices

Land registry data shows three sales for 34 BUTTERMERE 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 34 BUTTERMERE 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
2019 21 NOV	£225,000	£352,095	36% below HPI
2016 31 OCT	£195,000	£324,487	40% below HPI
2011 30 JUN	£179,950	£253,490	29% below HPI

34 BUTTERMERE 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 34 BUTTERMERE WAY sales between June 2011 and November 2019 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 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2019 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 34 BUTTERMERE WAY?

34 BUTTERMERE WAY is 85m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 40% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 34 BUTTERMERE WAY lies on this distribution: 37% of detached houses are smaller than 34 BUTTERMERE WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

34 BUTTERMERE WAY: Plot and Title Map

34 BUTTERMERE WAY sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 34 BUTTERMERE 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 34 BUTTERMERE 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 34 BUTTERMERE WAY?

34 BUTTERMERE WAY is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 34 on BUTTERMERE WAY.