23, HOBART WAY, LOWESTOFT, NR32 3BW - £270,000

23 HOBART WAY is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £270,000 in June 2022, which was around 40% below the average June 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

23 HOBART WAY Sold Prices

Land registry data shows two sales for 23 HOBART 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 23 HOBART 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 24 JUN	£270,000	£446,565	40% below HPI
2000 10 JAN	£59,995	£104,073	42% below HPI

23 HOBART 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 23 HOBART WAY sales from January 2000 and June 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 January 2000 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the June 2022 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 23 HOBART WAY?

23 HOBART WAY is 69m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 20% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 23 HOBART WAY lies on this distribution: 15% of detached houses are smaller than 23 HOBART WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

23 HOBART WAY: Plot and Title Map

23 HOBART WAY sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 23 HOBART 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 23 HOBART 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 23 HOBART WAY?

23 HOBART WAY is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 23 on HOBART WAY.