4, AVELING WAY, CARLTON COLVILLE, LOWESTOFT, NR33 8BU - £290,000

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

4 AVELING WAY is a very small detached house of 70m², built sometime between 1996 and 2002. It was last sold for £290,000 in March 2022, which was around 30% below the average March 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

4 AVELING WAY Sold Prices

Land registry data shows three sales for 4 AVELING 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 4 AVELING 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
2022 1 MAR	£290,000	£411,636	30% below HPI
2016 20 JUL	£215,000	£311,086	31% below HPI
2005 31 MAR	£164,500	£224,733	27% below HPI

4 AVELING 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 4 AVELING WAY sales between March 2005 and March 2022 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 2016 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 4 AVELING WAY?

4 AVELING WAY is 70m² according to the EPC inspection conducted in March 2016. 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 4 AVELING WAY lies on this distribution: 17% of detached houses are smaller than 4 AVELING WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

4 AVELING WAY: Plot and Title Map

4 AVELING WAY sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 4 AVELING 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 4 AVELING 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 4 AVELING WAY?

4 AVELING WAY is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 4 on AVELING WAY.