7, REYNOLDS WALK, LOWESTOFT, NR32 4LN - £235,000

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 REYNOLDS WALK is a small extended detached house of 86m², built sometime between 1967 and 1975. It was last sold for £235,000 in January 2019, which was around 34% below the average January 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

7 REYNOLDS WALK Sold Prices

Land registry data shows two sales for 7 REYNOLDS WALK 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 REYNOLDS WALK 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
2019 7 JAN	£235,000	£356,746	34% below HPI
1998 29 APR	£70,500	£83,741	16% below HPI

7 REYNOLDS WALK 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 REYNOLDS WALK sales from April 1998 and January 2019 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 1998 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 7 REYNOLDS WALK?

7 REYNOLDS WALK is 86m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 40% 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 REYNOLDS WALK lies on this distribution: 38% of detached houses are smaller than 7 REYNOLDS WALK, and 61% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

7 REYNOLDS WALK: Plot and Title Map

7 REYNOLDS WALK sits on a plot of roughly 0.165 of an acre, or 668m². The below map shows the location of 7 REYNOLDS WALK, 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 REYNOLDS WALK). 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 REYNOLDS WALK?

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