4, TOWNSEND WAY, LOWESTOFT, NR32 4GF - £166,000

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 TOWNSEND WAY is a small detached house of 77m², built sometime between 2003 and 2006. It was last sold for £166,000 in March 2014, which was around 36% below the average March 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

4 TOWNSEND WAY Sold Prices

Land registry data shows five sales for 4 TOWNSEND WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the five 4 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
2014 5 MAR	£166,000	£259,107	36% below HPI
2012 9 MAR	£168,000	£251,707	33% below HPI
2006 8 MAR	£160,950	£222,557	28% below HPI
2004 7 JAN	£158,500	£201,094	21% below HPI
2002 20 DEC	£124,950	£175,252	29% below HPI

4 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 five 4 TOWNSEND WAY sales between December 2002 and March 2014 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 March 2012 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2014 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 4 TOWNSEND WAY?

4 TOWNSEND WAY is 77m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 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 4 TOWNSEND WAY lies on this distribution: 28% of detached houses are smaller than 4 TOWNSEND WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

4 TOWNSEND WAY: Plot and Title Map

4 TOWNSEND WAY sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 4 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 4 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 4 TOWNSEND WAY?

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