1, PORTHOLE CLOSE, CARLTON COLVILLE, LOWESTOFT, NR33 8GS - £195,000

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 PORTHOLE CLOSE is a small detached house of 83m², built sometime between 1996 and 2002, which could now be worth an estimated £254,864. It was last sold for £195,000 in November 2016, which was around 40% below the average November 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

1 PORTHOLE CLOSE Sold Prices

Land registry data shows four sales for 1 PORTHOLE CLOSE 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 1 PORTHOLE 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
2016 4 NOV	£195,000	£323,678	40% below HPI
2011 7 OCT	£162,500	£253,639	36% below HPI
2006 14 JUL	£157,500	£231,656	32% below HPI
2002 20 DEC	£126,950	£175,279	28% below HPI

1 PORTHOLE 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 four 1 PORTHOLE CLOSE sales between December 2002 and November 2016 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 October 2011 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2016 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 1 PORTHOLE CLOSE be worth now?

1 PORTHOLE CLOSE might now be worth an estimated £254,864.

This is based on house price inflation of 30.7%, between November 2016 and February 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 30.7% inflationary increase is applied to the most recent sale price for 1 PORTHOLE CLOSE of £195,000 on 4th November 2016. For the value to have increased from £195,000 to £254,864 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 PORTHOLE CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The November 2016 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PORTHOLE CLOSE has not materially changed since November 2016.

How Large is 1 PORTHOLE CLOSE?

1 PORTHOLE CLOSE is 83m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 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 PORTHOLE CLOSE lies on this distribution: 35% of detached houses houses are smaller than 1 PORTHOLE CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1 PORTHOLE CLOSE: Plot and Title Map

1 PORTHOLE CLOSE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 1 PORTHOLE 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 PORTHOLE 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 PORTHOLE CLOSE?

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