42, BUTTERMERE WAY, CARLTON COLVILLE, LOWESTOFT, NR33 8FF - £327,500

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

42 BUTTERMERE WAY is a midsized detached house of 106m², built sometime between 2007 and 2011. It was last sold for £327,500 in November 2022, which was around 26% below the average November 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

42 BUTTERMERE WAY Sold Prices

Land registry data shows three sales for 42 BUTTERMERE 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 42 BUTTERMERE 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 11 NOV	£327,500	£442,367	26% below HPI
2012 27 JUL	£165,000	£250,587	34% below HPI
2011 31 OCT	£182,000	£253,599	28% below HPI

42 BUTTERMERE 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 42 BUTTERMERE WAY sales between October 2011 and November 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 2012 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 42 BUTTERMERE WAY?

42 BUTTERMERE WAY is 106m² according to the EPC inspection conducted in May 2022. 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 42 BUTTERMERE WAY lies on this distribution: 59% of detached houses are smaller than 42 BUTTERMERE WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

42 BUTTERMERE WAY: Plot and Title Map

42 BUTTERMERE WAY sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 42 BUTTERMERE 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 42 BUTTERMERE 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 42 BUTTERMERE WAY?

42 BUTTERMERE WAY is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 42 on BUTTERMERE WAY.