1, WANNOCK CLOSE, CARLTON COLVILLE, LOWESTOFT, NR33 8DW - £257,500

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.

1 WANNOCK CLOSE is a very small detached house of 67m², built sometime between 1983 and 1990, which could now be worth an estimated £251,543. It was last sold for £257,500 in August 2022, which was around 41% below the average August 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

1 WANNOCK CLOSE Sold Prices

Land registry data shows three sales for 1 WANNOCK CLOSE 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 1 WANNOCK 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 19 AUG	£257,500	£433,064	41% below HPI
2021 7 JAN	£225,000	£373,914	40% below HPI
2003 25 APR	£124,995	£185,131	32% below HPI

1 WANNOCK 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 three 1 WANNOCK CLOSE sales between April 2003 and August 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 January 2021 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2022 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 1 WANNOCK CLOSE be worth now?

1 WANNOCK CLOSE might now be worth an estimated £251,543.

This is based on house price deflation of 2.3%, between August 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 2.3% deflationary decrease is applied to the most recent sale price for 1 WANNOCK CLOSE of £257,500 on 19th August 2022. For the value to have decreased from £257,500 to £251,543 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 1 WANNOCK CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The August 2022 sale price of £257,500 represented a fair market value for the property.
• The size, condition, and specification of 1 WANNOCK CLOSE has not materially changed since August 2022.

How Large is 1 WANNOCK CLOSE?

1 WANNOCK CLOSE is 67m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% 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 WANNOCK CLOSE lies on this distribution: 13% of detached houses houses are smaller than 1 WANNOCK CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1 WANNOCK CLOSE: Plot and Title Map

1 WANNOCK CLOSE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 1 WANNOCK 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 WANNOCK 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 WANNOCK CLOSE?

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