7, JOHNSON WAY, LOWESTOFT, NR32 4WW - £220,000

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

7 JOHNSON WAY is a large detached house of 121m², built sometime between 1996 and 2002. It was last sold for £220,000 in June 2014, which was around 20% below the average June 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

7 JOHNSON WAY Sold Prices

Land registry data shows two sales for 7 JOHNSON 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 7 JOHNSON 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
2014 6 JUN	£220,000	£273,758	20% below HPI
2001 7 SEP	£114,500	£139,852	18% below HPI

7 JOHNSON 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 7 JOHNSON WAY sales from September 2001 and June 2014 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 September 2001 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2014 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 7 JOHNSON WAY?

7 JOHNSON WAY is 121m² according to the EPC inspection conducted in April 2014. This puts it in the largest 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 7 JOHNSON WAY lies on this distribution: 73% of detached houses are smaller than 7 JOHNSON WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

7 JOHNSON WAY: Plot and Title Map

7 JOHNSON WAY sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 7 JOHNSON 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 7 JOHNSON 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 7 JOHNSON WAY?

7 JOHNSON WAY is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 7 on JOHNSON WAY.