1, RYE CLOSE, CARLTON COLVILLE, LOWESTOFT, NR33 8SL - £285,000

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 RYE CLOSE is a midsized detached house of 92m², built sometime between 1976 and 1982, which could now be worth an estimated £296,116. It was last sold for £285,000 in January 2022, which was around 30% below the average January 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

1 RYE CLOSE Sold Prices

Land registry data shows two sales for 1 RYE 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 RYE 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
2022 26 JAN	£285,000	£407,165	30% below HPI
2017 6 MAR	£220,000	£328,577	33% below HPI

1 RYE 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 RYE CLOSE sales from March 2017 and January 2022 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 March 2017 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 1 RYE CLOSE be worth now?

1 RYE CLOSE might now be worth an estimated £296,116.

This is based on house price inflation of 3.9%, between January 2022 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 3.9% inflationary increase is applied to the most recent sale price for 1 RYE CLOSE of £285,000 on 26th January 2022. For the value to have increased from £285,000 to £296,116 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 1 RYE CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The January 2022 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RYE CLOSE has not materially changed since January 2022.

How Large is 1 RYE CLOSE?

1 RYE CLOSE is 92m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 50% 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 RYE CLOSE lies on this distribution: 45% of detached houses houses are smaller than 1 RYE CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1 RYE CLOSE: Plot and Title Map

1 RYE CLOSE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 1 RYE 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 RYE 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 RYE CLOSE?

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