14, MONARCH WAY, CARLTON COLVILLE, LOWESTOFT, NR33 8GH - £372,500

14 MONARCH WAY is a very large extended detached house of 169m², built sometime between 1996 and 2002. It was last sold for £372,500 in March 2021, which was around 2% below the average March 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

14 MONARCH WAY Sold Prices

Land registry data shows two sales for 14 MONARCH WAY 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 14 MONARCH 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
2021 18 MAR	£372,500	£381,306	2% below HPI
2003 30 APR	£160,000	£185,103	14% below HPI

14 MONARCH 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 two 14 MONARCH WAY sales from April 2003 and March 2021 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 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 14 MONARCH WAY?

14 MONARCH WAY is 169m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 10% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 14 MONARCH WAY lies on this distribution: 93% of detached houses are smaller than 14 MONARCH WAY, and 7% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

14 MONARCH WAY: Plot and Title Map

14 MONARCH WAY sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 14 MONARCH 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 MONARCH 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 MONARCH WAY?

14 MONARCH WAY is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 14 on MONARCH WAY.