7, SHOALS WALK, LOWESTOFT, NR33 9HG - £328,000

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 SHOALS WALK is a very large extended detached house of 139m², built sometime between 1950 and 1966. It was last sold for £328,000 in March 2021, which was around 12% below the average March 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

7 SHOALS WALK Sold Prices

Land registry data shows two sales for 7 SHOALS 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. One of the two 7 SHOALS WALK sales was for below the average price, whilst the other was for above 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
2021 31 MAR	£328,000	£371,419	12% below HPI
1996 1 NOV	£82,000	£77,080	6% above HPI

7 SHOALS 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 SHOALS WALK sales from November 1996 and March 2021 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 November 1996 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 7 SHOALS WALK?

7 SHOALS WALK is 139m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 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 7 SHOALS WALK lies on this distribution: 83% of detached houses are smaller than 7 SHOALS WALK, and 16% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

7 SHOALS WALK: Plot and Title Map

7 SHOALS WALK sits on a plot of roughly 0.188 of an acre, or 762m². The below map shows the location of 7 SHOALS 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 SHOALS 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 SHOALS WALK?

7 SHOALS WALK is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 7 on SHOALS WALK.