1, DAMASK CLOSE, CARLTON COLVILLE, LOWESTOFT, NR33 8LL - £345,000

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.

1 DAMASK CLOSE is a large extended detached house of 116m², built sometime between 1967 and 1975, which could now be worth an estimated £356,819. It was last sold for £345,000 in November 2021, which was around 14% below the average November 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

1 DAMASK CLOSE Sold Prices

Land registry data shows two sales for 1 DAMASK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 1 DAMASK CLOSE 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 23 NOV	£345,000	£403,030	14% below HPI
2009 23 JUL	£174,995	£226,622	23% below HPI

1 DAMASK CLOSE 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 two 1 DAMASK CLOSE sales from July 2009 and November 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 July 2009 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 1 DAMASK CLOSE be worth now?

1 DAMASK CLOSE might now be worth an estimated £356,819.

This is based on house price inflation of 3.4%, between November 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 3.4% inflationary increase is applied to the most recent sale price for 1 DAMASK CLOSE of £345,000 on 23rd November 2021. For the value to have increased from £345,000 to £356,819 over the four years and five months to June 2025, the following assumptions must hold true:

• The value of 1 DAMASK CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The November 2021 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 1 DAMASK CLOSE has not materially changed since November 2021.

How Large is 1 DAMASK CLOSE?

1 DAMASK CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in August 2020. 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 1 DAMASK CLOSE lies on this distribution: 69% of detached houses houses are smaller than 1 DAMASK CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1 DAMASK CLOSE: Plot and Title Map

1 DAMASK CLOSE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 1 DAMASK CLOSE, 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 1 DAMASK CLOSE). 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 1 DAMASK CLOSE?

1 DAMASK CLOSE is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 1 on DAMASK CLOSE.