9, BRECKLAND WAY, LOWESTOFT, NR32 4DS - £293,000

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

9 BRECKLAND WAY is a midsized detached house of 93m², built sometime between 1976 and 1982. It was last sold for £293,000 in February 2022, which was around 28% below the average February 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

9 BRECKLAND WAY Sold Prices

Land registry data shows four sales for 9 BRECKLAND 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 9 BRECKLAND 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 25 FEB	£293,000	£407,268	28% below HPI
2021 6 APR	£230,000	£376,979	39% below HPI
2005 4 MAR	£156,000	£224,733	31% below HPI
1998 4 DEC	£59,995	£91,061	34% below HPI

9 BRECKLAND 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 9 BRECKLAND WAY sales between December 1998 and February 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 April 2021 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 9 BRECKLAND WAY?

9 BRECKLAND WAY is 93m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 50% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 9 BRECKLAND WAY lies on this distribution: 46% of detached houses are smaller than 9 BRECKLAND WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

9 BRECKLAND WAY: Plot and Title Map

9 BRECKLAND WAY sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 9 BRECKLAND 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 9 BRECKLAND 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 9 BRECKLAND WAY?

9 BRECKLAND WAY is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 9 on BRECKLAND WAY.