41, MONARCH WAY, CARLTON COLVILLE, LOWESTOFT, NR33 8GH - £160,000

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

41 MONARCH WAY is a midsized detached house of 91m², built sometime between 2003 and 2006. It was last sold for £160,000 in December 2005, which was around 28% below the average December 2005 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

41 MONARCH WAY Sold Prices

Land registry data shows two sales for 41 MONARCH WAY since 1^st 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 41 MONARCH 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
2005 9 DEC	£160,000	£221,366	28% below HPI
2004 14 MAY	£141,500	£211,686	33% below HPI

41 MONARCH 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 two 41 MONARCH WAY sales from May 2004 and December 2005 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 May 2004 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2005 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 41 MONARCH WAY?

41 MONARCH WAY is 91m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 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 41 MONARCH WAY lies on this distribution: 45% of detached houses are smaller than 41 MONARCH WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

41 MONARCH WAY: Plot and Title Map

41 MONARCH WAY sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 41 MONARCH 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 41 MONARCH 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 41 MONARCH WAY?

41 MONARCH WAY is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 41 on MONARCH WAY.