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
6 BOLLARD WAY is a midsized extended detached house of 100m², built sometime between 1967 and 1975. It was last sold for £108,995 in January 2023, which was around 75% below the average January 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 6 BOLLARD WAY since 1st 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 6 BOLLARD 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 |
---|---|---|---|
2023 20 JAN | £108,995 | £441,226 | 75% below HPI |
2008 8 AUG | £168,000 | £250,776 | 33% below HPI |
1998 10 JUL | £54,000 | £89,503 | 40% below HPI |
The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 6 BOLLARD WAY sales between July 1998 and January 2023 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 2008 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2023 sale, where it falls to 75% below the HPI. The line then continues to track at 75% below the HPI.
6 BOLLARD WAY is 100m², which includes one extension, according to the EPC inspection conducted in November 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 6 BOLLARD WAY lies on this distribution: 53% of detached houses are smaller than 6 BOLLARD WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.
6 BOLLARD WAY sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 6 BOLLARD 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 6 BOLLARD 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.
6 BOLLARD WAY is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 6 on BOLLARD WAY.