68, LAXFIELD WAY, LOWESTOFT, NR33 7HH - £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

68 LAXFIELD WAY is a very small detached house of 67m², built sometime between 1983 and 1990. It was last sold for £245,000 in November 2018, which was around 32% below the average November 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

68 LAXFIELD WAY Sold Prices

Land registry data shows two sales for 68 LAXFIELD 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 68 LAXFIELD 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
2018 22 NOV	£245,000	£357,827	32% below HPI
2015 29 JUN	£160,000	£296,524	46% below HPI

68 LAXFIELD 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 68 LAXFIELD WAY sales from June 2015 and November 2018 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 June 2015 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the November 2018 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 68 LAXFIELD WAY?

68 LAXFIELD WAY is 67m² according to the EPC inspection conducted in February 2015. 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 68 LAXFIELD WAY lies on this distribution: 13% of detached houses are smaller than 68 LAXFIELD WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

68 LAXFIELD WAY: Plot and Title Map

68 LAXFIELD WAY sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 68 LAXFIELD 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 68 LAXFIELD 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 68 LAXFIELD WAY?

68 LAXFIELD WAY is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 68 on LAXFIELD WAY.