52, HIGHLAND WAY, LOWESTOFT, NR33 9AR - £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

52 HIGHLAND WAY is a very small extended detached house of 69m², built sometime between 1950 and 1966. It was last sold for £168,000 in October 2015, which was around 44% below the average October 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

52 HIGHLAND WAY Sold Prices

Land registry data shows three sales for 52 HIGHLAND 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 52 HIGHLAND 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
2015 9 OCT	£168,000	£302,168	44% below HPI
2013 5 APR	£137,000	£248,438	45% below HPI
2000 3 NOV	£66,000	£118,522	44% below HPI

52 HIGHLAND 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 52 HIGHLAND WAY sales between November 2000 and October 2015 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 April 2013 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2015 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 52 HIGHLAND WAY?

52 HIGHLAND WAY is 69m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 52 HIGHLAND WAY lies on this distribution: 15% of detached houses are smaller than 52 HIGHLAND WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

52 HIGHLAND WAY: Plot and Title Map

52 HIGHLAND WAY sits on a plot of roughly 0.091 of an acre, or 366m². The below map shows the location of 52 HIGHLAND 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 52 HIGHLAND 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 52 HIGHLAND WAY?

52 HIGHLAND WAY is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 52 on HIGHLAND WAY.