36, MONARCH WAY, CARLTON COLVILLE, LOWESTOFT, NR33 8GH - £325,000

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

36 MONARCH WAY is a midsized detached house of 104m², built sometime between 2003 and 2006. It was last sold for £325,000 in July 2020, which was around 9% below the average July 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

36 MONARCH WAY Sold Prices

Land registry data shows three sales for 36 MONARCH 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 36 MONARCH 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
2020 1 JUL	£325,000	£357,411	9% below HPI
2014 1 OCT	£224,995	£288,072	22% below HPI
2004 8 OCT	£174,950	£221,394	21% below HPI

36 MONARCH 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 36 MONARCH WAY sales between October 2004 and July 2020 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 2014 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2020 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 36 MONARCH WAY?

36 MONARCH WAY is 104m² according to the EPC inspection conducted in April 2014. This puts it in the largest 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 36 MONARCH WAY lies on this distribution: 58% of detached houses are smaller than 36 MONARCH WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

36 MONARCH WAY: Plot and Title Map

36 MONARCH WAY sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 36 MONARCH 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 36 MONARCH 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 36 MONARCH WAY?

36 MONARCH WAY is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 36 on MONARCH WAY.