4, MICAWBER MEWS, BLUNDESTON, LOWESTOFT, NR32 5BY - £340,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 MICAWBER MEWS is a small detached house of 103m², built sometime between 1996 and 2002. It was last sold for £340,000 in July 2024, which was around 21% below the average July 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

4 MICAWBER MEWS Sold Prices

Land registry data shows three sales for 4 MICAWBER MEWS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. One of the three 4 MICAWBER MEWS sales was for below the average price, whilst two were for above 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
2024 19 JUL	£340,000	£430,008	21% below HPI
2000 16 JUN	£130,000	£111,912	16% above HPI
1999 1 FEB	£115,000	£90,357	27% above HPI

4 MICAWBER MEWS 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 three 4 MICAWBER MEWS sales between February 1999 and July 2024 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 June 2000 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2024 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 4 MICAWBER MEWS?

4 MICAWBER MEWS is 103m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 40% of detached houses in Blundeston, based on EPC data. The below chart shows the distribution of detached houses by size in Blundeston, and where 4 MICAWBER MEWS lies on this distribution: 32% of detached houses are smaller than 4 MICAWBER MEWS, and 66% of houses are larger. Note that EPC data is not available for all properties in Blundeston.

4 MICAWBER MEWS: Plot and Title Map

4 MICAWBER MEWS sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 4 MICAWBER MEWS, 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 4 MICAWBER MEWS). 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 4 MICAWBER MEWS?

4 MICAWBER MEWS is located in BLUNDESTON, in the NR32 postcode district. The below map shows the position of No. 4 on MICAWBER MEWS.