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
39 BISHOPS WALK is a large extended detached house of 118m², built sometime between 1950 and 1966. It was last sold for £362,000 in May 2024, which was around 14% below the average May 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 39 BISHOPS WALK 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 39 BISHOPS WALK 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 |
---|---|---|---|
2024 17 MAY | £362,000 | £420,877 | 14% below HPI |
2021 23 JUL | £340,000 | £372,923 | 9% 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 39 BISHOPS WALK sales from July 2021 and May 2024 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 July 2021 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2024 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.
39 BISHOPS WALK is 118m², which includes two extensions, according to the EPC inspection conducted in September 2020. 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 39 BISHOPS WALK lies on this distribution: 71% of detached houses are smaller than 39 BISHOPS WALK, and 29% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.
39 BISHOPS WALK sits on a plot of roughly 0.183 of an acre, or 741m². The below map shows the location of 39 BISHOPS WALK, 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 39 BISHOPS WALK). 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.
39 BISHOPS WALK is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 39 on BISHOPS WALK.