1, HONEYSUCKLE CLOSE, LOWESTOFT, NR33 7EJ - £205,000

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 HONEYSUCKLE CLOSE is a very small extended terraced house of 70m², built sometime between 1976 and 1982, which could now be worth an estimated £216,006. It was last sold for £205,000 in December 2021, which was around 3% above the average December 2021 terraced price in the East Suffolk local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

1 HONEYSUCKLE CLOSE Sold Prices

Land registry data shows four sales for 1 HONEYSUCKLE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. All of the four 1 HONEYSUCKLE CLOSE sales were for above 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 3 DEC	£205,000	£199,115	3% above HPI
2005 15 AUG	£124,995	£113,360	10% above HPI
2002 31 MAY	£78,000	£67,343	16% above HPI
1996 30 JAN	£40,000	£34,223	17% above HPI

1 HONEYSUCKLE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Suffolk local authority area over time, sourced from the HPI. The four 1 HONEYSUCKLE CLOSE sales between January 1996 and December 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 August 2005 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2021 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 1 HONEYSUCKLE CLOSE be worth now?

1 HONEYSUCKLE CLOSE might now be worth an estimated £216,006.

This is based on house price inflation of 5.4%, between December 2021 and April 2026, for terraced 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 5.4% inflationary increase is applied to the most recent sale price for 1 HONEYSUCKLE CLOSE of £205,000 on 3rd December 2021. For the value to have increased from £205,000 to £216,006 over the five years and eight months to April 2026, the following assumptions must hold true:

• The value of 1 HONEYSUCKLE CLOSE has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The December 2021 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HONEYSUCKLE CLOSE has not materially changed since December 2021.

How Large is 1 HONEYSUCKLE CLOSE?

1 HONEYSUCKLE CLOSE is 70m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of terraced houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lowestoft, and where 1 HONEYSUCKLE CLOSE lies on this distribution: 17% of terraced houses houses are smaller than 1 HONEYSUCKLE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1 HONEYSUCKLE CLOSE: Plot and Title Map

1 HONEYSUCKLE CLOSE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 1 HONEYSUCKLE 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 HONEYSUCKLE 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 HONEYSUCKLE CLOSE?

1 HONEYSUCKLE CLOSE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 1 on HONEYSUCKLE CLOSE.