46, MIDDLE WAY, LOWESTOFT, NR32 4JY - £245,000

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

46 MIDDLE WAY is a small extended detached house of 79m², built sometime between 1967 and 1975. It was last sold for £245,000 in February 2021, which was around 34% below the average February 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

46 MIDDLE WAY Sold Prices

Land registry data shows three sales for 46 MIDDLE 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 46 MIDDLE 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
2021 17 FEB	£245,000	£373,390	34% below HPI
2012 9 JAN	£152,500	£260,137	41% below HPI
1997 13 JAN	£61,000	£78,341	22% below HPI

46 MIDDLE 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 46 MIDDLE WAY sales between January 1997 and February 2021 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 2012 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 46 MIDDLE WAY?

46 MIDDLE WAY is 79m², which includes one extension, according to the EPC inspection conducted in October 2019. 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 46 MIDDLE WAY lies on this distribution: 29% of detached houses are smaller than 46 MIDDLE WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

46 MIDDLE WAY: Plot and Title Map

46 MIDDLE WAY sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 46 MIDDLE 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 46 MIDDLE 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 46 MIDDLE WAY?

46 MIDDLE WAY is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 46 on MIDDLE WAY.