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
8 WENHASTON WAY is a small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £74,000 in September 2000, which was around 38% below the average September 2000 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 8 WENHASTON WAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 8 WENHASTON 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 |
---|---|---|---|
2000 7 SEP | £74,000 | £119,747 | 38% below HPI |
1998 31 JUL | £60,000 | £89,503 | 33% below HPI |
1995 22 SEP | £55,000 | £73,256 | 25% below HPI |
The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 8 WENHASTON WAY sales between September 1995 and September 2000 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 1998 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2000 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.
8 WENHASTON WAY is 85m², which includes one extension, according to the EPC inspection conducted in December 2012. 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 8 WENHASTON WAY lies on this distribution: 37% of detached houses are smaller than 8 WENHASTON WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.
8 WENHASTON WAY sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 8 WENHASTON 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 WENHASTON 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.
8 WENHASTON WAY is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 8 on WENHASTON WAY.