7, ANCHOR WAY, CARLTON COLVILLE, LOWESTOFT, NR33 8GR - £220,000

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.

7 ANCHOR WAY is a large detached house of 114m², built sometime between 1996 and 2002, which could now be worth an estimated £324,102. It was last sold for £220,000 in September 2014, which was around 22% below the average September 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

7 ANCHOR WAY Sold Prices

Land registry data shows four sales for 7 ANCHOR WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 7 ANCHOR 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
2014 12 SEP	£220,000	£282,948	22% below HPI
2010 21 JUL	£183,000	£254,413	28% below HPI
2006 9 JUN	£178,000	£225,877	21% below HPI
2001 12 OCT	£106,950	£141,897	25% below HPI

7 ANCHOR 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 four 7 ANCHOR WAY sales between October 2001 and September 2014 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 July 2010 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2014 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 7 ANCHOR WAY be worth now?

7 ANCHOR WAY might now be worth an estimated £324,102.

This is based on house price inflation of 47.3%, between September 2014 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 47.3% inflationary increase is applied to the most recent sale price for 7 ANCHOR WAY of £220,000 on 12th September 2014. For the value to have increased from £220,000 to £324,102 over the eleven years and three months to June 2025, the following assumptions must hold true:

• The value of 7 ANCHOR WAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The September 2014 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ANCHOR WAY has not materially changed since September 2014.

How Large is 7 ANCHOR WAY?

7 ANCHOR WAY is 114m² according to the EPC inspection conducted in April 2010. This puts it in the largest 40% 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 7 ANCHOR WAY lies on this distribution: 67% of detached houses houses are smaller than 7 ANCHOR WAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

7 ANCHOR WAY: Plot and Title Map

7 ANCHOR WAY sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 7 ANCHOR 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 7 ANCHOR 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 7 ANCHOR WAY?

7 ANCHOR WAY is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 7 on ANCHOR WAY.