8, FISHERMANS WAY, KESSINGLAND, LOWESTOFT, NR33 7NY - £295,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 FISHERMANS WAY is a small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £295,000 in April 2022, which was around 29% below the average April 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

8 FISHERMANS WAY Sold Prices

Land registry data shows four sales for 8 FISHERMANS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 8 FISHERMANS 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
2022 29 APR	£295,000	£415,075	29% below HPI
2009 24 JUL	£160,000	£226,587	29% below HPI
2006 20 JUN	£152,500	£225,842	32% below HPI
2003 8 DEC	£129,995	£199,289	35% below HPI

8 FISHERMANS 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 four 8 FISHERMANS WAY sales between December 2003 and April 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 July 2009 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2022 sale, which was also at 29% below the HPI.

How Large is 8 FISHERMANS WAY?

8 FISHERMANS WAY is 74m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 30% of detached houses in Kessingland, based on EPC data. The below chart shows the distribution of detached houses by size in Kessingland, and where 8 FISHERMANS WAY lies on this distribution: 22% of detached houses are smaller than 8 FISHERMANS WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Kessingland.

8 FISHERMANS WAY: Plot and Title Map

8 FISHERMANS WAY sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 8 FISHERMANS 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 8 FISHERMANS 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 8 FISHERMANS WAY?

8 FISHERMANS WAY is located in KESSINGLAND, in the NR33 postcode district. The below map shows the position of No. 8 on FISHERMANS WAY.