4, JOHNSON WAY, LOWESTOFT, NR32 4WW - £267,500

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.

4 JOHNSON WAY is a detached house, which could now be worth an estimated £318,262. It was last sold for £267,500 in May 2018, which was around 22% below the average May 2018 detached price in the East Suffolk local authority area.

4 JOHNSON WAY Sold Prices

Land registry data shows three sales for 4 JOHNSON 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 4 JOHNSON 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
2018 31 MAY	£267,500	£342,920	22% below HPI
2015 11 DEC	£232,000	£302,785	23% below HPI
2002 22 NOV	£146,500	£176,535	17% below HPI

What might 4 JOHNSON WAY be worth now?

4 JOHNSON WAY might now be worth an estimated £318,262.

This is based on house price inflation of 19%, between May 2018 and May 2026, 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 19% inflationary increase is applied to the most recent sale price for 4 JOHNSON WAY of £267,500 on 31st May 2018. For the value to have increased from £267,500 to £318,262 over the eight years to May 2026, the following assumptions must hold true:

• The value of 4 JOHNSON WAY has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The May 2018 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of 4 JOHNSON WAY has not materially changed since May 2018.

Where is 4 JOHNSON WAY?

4 JOHNSON WAY is located in LOWESTOFT, in the NR32 postcode district.