14, ANDREW WAY, LOWESTOFT, NR33 8PY - £390,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 ANDREW WAY is a very large extended detached house of 136m², built sometime between 1967 and 1975, which could now be worth an estimated £400,748. It was last sold for £390,000 in March 2022, which was around 5% below the average March 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

14 ANDREW WAY Sold Prices

Land registry data shows three sales for 14 ANDREW WAY since 1^st 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 14 ANDREW 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 MAR	£390,000	£411,700	5% below HPI
2007 4 MAY	£189,995	£241,660	21% below HPI
2002 13 SEP	£128,000	£167,067	23% below HPI

14 ANDREW 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 three 14 ANDREW WAY sales between September 2002 and March 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 May 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 14 ANDREW WAY be worth now?

14 ANDREW WAY might now be worth an estimated £400,748.

This is based on house price inflation of 2.8%, between March 2022 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.8% inflationary increase is applied to the most recent sale price for 14 ANDREW WAY of £390,000 on 25th March 2022. For the value to have increased from £390,000 to £400,748 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 14 ANDREW WAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The March 2022 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 14 ANDREW WAY has not materially changed since March 2022.

How Large is 14 ANDREW WAY?

14 ANDREW WAY is 136m², which includes three extensions, according to the EPC inspection conducted in November 2021. This puts it in the largest 20% of detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowestoft, and where 14 ANDREW WAY lies on this distribution: 82% of detached houses houses are smaller than 14 ANDREW WAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

14 ANDREW WAY: Plot and Title Map

14 ANDREW WAY sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 14 ANDREW 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 14 ANDREW 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 14 ANDREW WAY?

14 ANDREW WAY is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 14 on ANDREW WAY.