28, MONARCH WAY, CARLTON COLVILLE, LOWESTOFT, NR33 8GH - £260,000

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.

28 MONARCH WAY is a large semi-detached house of 108m², built sometime between 2003 and 2006, which could now be worth an estimated £250,879. It was last sold for £260,000 in October 2022, which was around 8% below the average October 2022 semi-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.

28 MONARCH WAY Sold Prices

Land registry data shows four sales for 28 MONARCH WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 28 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
2022 31 OCT	£260,000	£282,419	8% below HPI
2015 22 OCT	£169,950	£191,434	11% below HPI
2006 17 NOV	£144,995	£158,003	8% below HPI
2003 17 OCT	£123,500	£124,254	1% below HPI

28 MONARCH WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The four 28 MONARCH WAY sales between October 2003 and October 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 October 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 28 MONARCH WAY be worth now?

28 MONARCH WAY might now be worth an estimated £250,879.

This is based on house price deflation of 3.5%, between October 2022 and June 2025, for semi-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 3.5% deflationary decrease is applied to the most recent sale price for 28 MONARCH WAY of £260,000 on 31st October 2022. For the value to have decreased from £260,000 to £250,879 over the three years and four months to June 2025, the following assumptions must hold true:

• The value of 28 MONARCH WAY has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The October 2022 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 28 MONARCH WAY has not materially changed since October 2022.

How Large is 28 MONARCH WAY?

28 MONARCH WAY is 108m² according to the EPC inspection conducted in May 2022. This puts it in the largest 40% of semi-detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lowestoft, and where 28 MONARCH WAY lies on this distribution: 61% of semi-detached houses houses are smaller than 28 MONARCH WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

28 MONARCH WAY: Plot and Title Map

28 MONARCH WAY sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 28 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 28 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 28 MONARCH WAY?

28 MONARCH WAY is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 28 on MONARCH WAY.