12, THE FAIRWAY, LOWESTOFT, NR33 9JA - £296,000

12 THE FAIRWAY is a midsized extended detached house of 96m², built sometime between 1950 and 1966. It was last sold for £296,000 in December 2022, which was around 36% below the average December 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

12 THE FAIRWAY Sold Prices

Land registry data shows two sales for 12 THE FAIRWAY 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 12 THE FAIRWAY 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 8 DEC	£296,000	£462,404	36% below HPI
1999 6 DEC	£59,500	£102,225	42% below HPI

12 THE FAIRWAY 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 12 THE FAIRWAY sales from December 1999 and December 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 December 1999 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2022 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 12 THE FAIRWAY?

12 THE FAIRWAY is 96m², which includes two extensions, according to the EPC inspection conducted in October 2015. 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 12 THE FAIRWAY lies on this distribution: 49% of detached houses are smaller than 12 THE FAIRWAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

12 THE FAIRWAY: Plot and Title Map

12 THE FAIRWAY sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 12 THE FAIRWAY, 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 12 THE FAIRWAY). 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 12 THE FAIRWAY?

12 THE FAIRWAY is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 12 on THE FAIRWAY.