46, MIDDLE WAY, LOWESTOFT, NR32 4JY - £245,000

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.

46 MIDDLE WAY is a small extended detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £273,465. It was last sold for £245,000 in February 2021, which was around 34% below the average February 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

46 MIDDLE WAY Sold Prices

Land registry data shows three sales for 46 MIDDLE WAY 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. All of the three 46 MIDDLE 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
2021 17 FEB	£245,000	£373,448	34% below HPI
2012 9 JAN	£152,500	£260,177	41% below HPI
1997 13 JAN	£61,000	£78,353	22% below HPI

46 MIDDLE 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 three 46 MIDDLE WAY sales between January 1997 and February 2021 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 2012 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 46 MIDDLE WAY be worth now?

46 MIDDLE WAY might now be worth an estimated £273,465.

This is based on house price inflation of 11.6%, between February 2021 and June 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 11.6% inflationary increase is applied to the most recent sale price for 46 MIDDLE WAY of £245,000 on 17th February 2021. For the value to have increased from £245,000 to £273,465 over the three years and eight months to June 2025, the following assumptions must hold true:

• The value of 46 MIDDLE WAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The February 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 46 MIDDLE WAY has not materially changed since February 2021.

How Large is 46 MIDDLE WAY?

46 MIDDLE WAY is 79m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% 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 46 MIDDLE WAY lies on this distribution: 29% of detached houses houses are smaller than 46 MIDDLE WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

46 MIDDLE WAY: Plot and Title Map

46 MIDDLE WAY sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 46 MIDDLE 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 46 MIDDLE 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 46 MIDDLE WAY?

46 MIDDLE WAY is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 46 on MIDDLE WAY.