8, HOBART WAY, LOWESTOFT, NR32 3BW - £214,995

8 HOBART WAY is a very small detached house of 56m², built sometime between 1983 and 1990. It was last sold for £214,995 in November 2017, which was around 38% below the average November 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

8 HOBART WAY Sold Prices

Land registry data shows four sales for 8 HOBART 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 8 HOBART 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
2017 10 NOV	£214,995	£344,483	38% below HPI
2016 10 AUG	£195,000	£320,108	39% below HPI
2007 28 JUN	£170,000	£245,338	31% below HPI
2004 5 JUL	£137,000	£219,642	38% below HPI

8 HOBART 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 8 HOBART WAY sales between July 2004 and November 2017 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 August 2016 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2017 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 8 HOBART WAY?

8 HOBART WAY is 56m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 8 HOBART WAY lies on this distribution: 2% of detached houses are smaller than 8 HOBART WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

8 HOBART WAY: Plot and Title Map

8 HOBART WAY sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 8 HOBART 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 8 HOBART 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 8 HOBART WAY?

8 HOBART WAY is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 8 on HOBART WAY.