36, TOWNSEND WAY, LOWESTOFT, NR32 4GF - £350,000

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 TOWNSEND WAY is a midsized detached house of 92m², built sometime between 1996 and 2002. It was last sold for £350,000 in July 2023, which was around 16% below the average July 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

36 TOWNSEND WAY Sold Prices

Land registry data shows two sales for 36 TOWNSEND WAY since 1^st 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 36 TOWNSEND 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
2023 31 JUL	£350,000	£415,468	16% below HPI
2003 21 NOV	£152,950	£200,274	24% below HPI

36 TOWNSEND 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 two 36 TOWNSEND WAY sales from November 2003 and July 2023 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 November 2003 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2023 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 36 TOWNSEND WAY?

36 TOWNSEND WAY is 92m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 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 TOWNSEND WAY lies on this distribution: 45% of detached houses are smaller than 36 TOWNSEND WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

36 TOWNSEND WAY: Plot and Title Map

36 TOWNSEND WAY sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 36 TOWNSEND 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 TOWNSEND 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 TOWNSEND WAY?

36 TOWNSEND WAY is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 36 on TOWNSEND WAY.