45, MONARCH WAY, CARLTON COLVILLE, LOWESTOFT, NR33 8GH - £168,000

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

45 MONARCH WAY is a midsized detached house of 101m², built sometime between 2003 and 2006. It was last sold for £168,000 in August 2013, which was around 36% below the average August 2013 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

45 MONARCH WAY Sold Prices

Land registry data shows two sales for 45 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 45 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
2013 9 AUG	£168,000	£263,207	36% below HPI
2004 13 AUG	£164,950	£220,909	25% below HPI

45 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 45 MONARCH WAY sales from August 2004 and August 2013 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 August 2004 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2013 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 45 MONARCH WAY?

45 MONARCH WAY is 101m² according to the EPC inspection conducted in January 2024. 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 45 MONARCH WAY lies on this distribution: 55% of detached houses are smaller than 45 MONARCH WAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

45 MONARCH WAY: Plot and Title Map

45 MONARCH WAY sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 45 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 45 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 45 MONARCH WAY?

45 MONARCH WAY is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 45 on MONARCH WAY.