7, MICAWBER MEWS, BLUNDESTON, LOWESTOFT, NR32 5BY - £375,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 MICAWBER MEWS is a very small detached house of 88m², built sometime between 1996 and 2002, which could now be worth an estimated £350,783. It was last sold for £375,000 in December 2022, which was around 15% below the average December 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

7 MICAWBER MEWS Sold Prices

Land registry data shows two sales for 7 MICAWBER MEWS 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 MICAWBER MEWS 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
2022 8 DEC	£375,000	£441,391	15% below HPI
1999 3 SEP	£99,995	£100,872	1% below HPI

7 MICAWBER MEWS 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 MICAWBER MEWS sales from September 1999 and December 2022 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 1999 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the December 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 7 MICAWBER MEWS be worth now?

7 MICAWBER MEWS might now be worth an estimated £350,783.

This is based on house price deflation of 6.5%, between December 2022 and December 2024, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.5% deflationary decrease is applied to the most recent sale price for 7 MICAWBER MEWS of £375,000 on 8th December 2022. For the value to have decreased from £375,000 to £350,783 over the two years to December 2024, the following assumptions must hold true:

• The value of 7 MICAWBER MEWS has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The December 2022 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MICAWBER MEWS has not materially changed since December 2022.

How Large is 7 MICAWBER MEWS?

7 MICAWBER MEWS is 88m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses houses in Blundeston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blundeston, and where 7 MICAWBER MEWS lies on this distribution: 19% of detached houses houses are smaller than 7 MICAWBER MEWS, and 80% of houses are larger. Note that EPC data is not available for all properties in Blundeston.

7 MICAWBER MEWS: Plot and Title Map

7 MICAWBER MEWS sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 7 MICAWBER MEWS, 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 MICAWBER MEWS). 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 MICAWBER MEWS?

7 MICAWBER MEWS is located in BLUNDESTON, in the NR32 postcode district. The below map shows the position of No. 7 on MICAWBER MEWS.