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
37 MIDDLE WAY is a very small detached house of 69m², built sometime between 1967 and 1975. It was last sold for £217,500 in July 2021, which was around 42% below the average July 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 37 MIDDLE 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 37 MIDDLE 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 |
---|---|---|---|
2021 12 JUL | £217,500 | £372,923 | 42% below HPI |
2000 5 SEP | £74,000 | £119,747 | 38% 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 37 MIDDLE WAY sales from September 2000 and July 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 September 2000 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2021 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.
37 MIDDLE WAY is 69m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 20% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 37 MIDDLE WAY lies on this distribution: 15% of detached houses are smaller than 37 MIDDLE WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.
37 MIDDLE WAY sits on a plot of roughly 0.127 of an acre, or 516m². The below map shows the location of 37 MIDDLE 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 37 MIDDLE 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.
37 MIDDLE WAY is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 37 on MIDDLE WAY.