3, BUTTERMERE WAY, CARLTON COLVILLE, LOWESTOFT, NR33 8FN - £101,000

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.

3 BUTTERMERE WAY is a very small extended terraced house of 46m², built sometime from 2007 onwards, which could now be worth an estimated £142,476. It was last sold for £101,000 in May 2016, which was around 32% below the average May 2016 terraced price in the East Suffolk local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was A.

3 BUTTERMERE WAY Sold Prices

Land registry data shows two sales for 3 BUTTERMERE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. Both of the two 3 BUTTERMERE 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
2016 20 MAY	£101,000	£149,059	32% below HPI
2010 30 SEP	£108,995	£129,031	16% below HPI

3 BUTTERMERE WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Suffolk local authority area over time, sourced from the HPI. The two 3 BUTTERMERE WAY sales from September 2010 and May 2016 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 September 2010 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 3 BUTTERMERE WAY be worth now?

3 BUTTERMERE WAY might now be worth an estimated £142,476.

This is based on house price inflation of 41.1%, between May 2016 and June 2025, for terraced 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 41.1% inflationary increase is applied to the most recent sale price for 3 BUTTERMERE WAY of £101,000 on 20th May 2016. For the value to have increased from £101,000 to £142,476 over the eight years and eleven months to June 2025, the following assumptions must hold true:

• The value of 3 BUTTERMERE WAY has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The May 2016 sale price of £101,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BUTTERMERE WAY has not materially changed since May 2016.

How Large is 3 BUTTERMERE WAY?

3 BUTTERMERE WAY is 46m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of terraced houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lowestoft, and where 3 BUTTERMERE WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 3 BUTTERMERE WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

3 BUTTERMERE WAY: Plot and Title Map

3 BUTTERMERE WAY sits on a plot of roughly 0.021 of an acre, or 85m². The below map shows the location of 3 BUTTERMERE 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 3 BUTTERMERE 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 3 BUTTERMERE WAY?

3 BUTTERMERE WAY is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 3 on BUTTERMERE WAY.