2, BODIAM WAY, CARLTON COLVILLE, LOWESTOFT, NR33 8DN - £301,000

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.

2 BODIAM WAY is a small detached house of 84m², built sometime between 1983 and 1990, which could now be worth an estimated £289,555. It was last sold for £301,000 in September 2022, which was around 32% below the average September 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

2 BODIAM WAY Sold Prices

Land registry data shows five sales for 2 BODIAM WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the five 2 BODIAM 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 21 SEP	£301,000	£439,768	32% below HPI
2016 10 AUG	£193,000	£320,157	40% below HPI
2016 1 JUL	£190,000	£311,134	39% below HPI
2007 30 JAN	£174,950	£244,477	28% below HPI
1999 28 OCT	£64,500	£100,933	36% below HPI

2 BODIAM 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 five 2 BODIAM WAY sales between October 1999 and September 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 August 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 2 BODIAM WAY be worth now?

2 BODIAM WAY might now be worth an estimated £289,555.

This is based on house price deflation of 3.8%, between September 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 3.8% deflationary decrease is applied to the most recent sale price for 2 BODIAM WAY of £301,000 on 21st September 2022. For the value to have decreased from £301,000 to £289,555 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 BODIAM WAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The September 2022 sale price of £301,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BODIAM WAY has not materially changed since September 2022.

How Large is 2 BODIAM WAY?

2 BODIAM WAY is 84m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% 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 2 BODIAM WAY lies on this distribution: 36% of detached houses houses are smaller than 2 BODIAM WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 BODIAM WAY: Plot and Title Map

2 BODIAM WAY sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 2 BODIAM 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 2 BODIAM 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 2 BODIAM WAY?

2 BODIAM WAY is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 2 on BODIAM WAY.