4, PRINCES WALK, LOWESTOFT, NR32 2QW - £355,000

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 PRINCES WALK is a midsized extended detached house of 104m², built sometime between 1930 and 1949. It was last sold for £355,000 in July 2022, which was around 18% below the average July 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.

4 PRINCES WALK Sold Prices

Land registry data shows three sales for 4 PRINCES WALK 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 PRINCES 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
2022 22 JUL	£355,000	£433,680	18% below HPI
2019 15 JAN	£297,500	£356,746	17% below HPI
2018 31 AUG	£290,000	£357,858	19% below HPI

4 PRINCES WALK 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 PRINCES WALK sales between August 2018 and July 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 January 2019 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 4 PRINCES WALK?

4 PRINCES WALK is 104m², which includes one extension, according to the EPC inspection conducted in June 2018. 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 4 PRINCES WALK lies on this distribution: 58% of detached houses are smaller than 4 PRINCES WALK, and 42% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

4 PRINCES WALK: Plot and Title Map

4 PRINCES WALK sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of 4 PRINCES 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 4 PRINCES 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.

Where is 4 PRINCES WALK?

4 PRINCES WALK is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 4 on PRINCES WALK.