12, AVOCET CLOSE, LOWESTOFT, NR33 8PU - £220,000

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.

12 AVOCET CLOSE is a midsized extended semi-detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £256,820. It was last sold for £220,000 in October 2020, which was around 8% below the average October 2020 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2020, where the current energy rating was D, and the potential energy rating was C.

12 AVOCET CLOSE Sold Prices

Land registry data shows two sales for 12 AVOCET CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 12 AVOCET 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
2020 14 OCT	£220,000	£239,043	8% below HPI
2006 19 JUN	£136,500	£149,046	8% below HPI

12 AVOCET CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 12 AVOCET CLOSE sales from June 2006 and October 2020 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 June 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2020 sale, which was also at 8% below the HPI.

What might 12 AVOCET CLOSE be worth now?

12 AVOCET CLOSE might now be worth an estimated £256,820.

This is based on house price inflation of 16.7%, between October 2020 and February 2025, for semi-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 16.7% inflationary increase is applied to the most recent sale price for 12 AVOCET CLOSE of £220,000 on 14th October 2020. For the value to have increased from £220,000 to £256,820 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 12 AVOCET CLOSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The October 2020 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 12 AVOCET CLOSE has not materially changed since October 2020.

How Large is 12 AVOCET CLOSE?

12 AVOCET CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in April 2020. This puts it in the smallest 50% of semi-detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lowestoft, and where 12 AVOCET CLOSE lies on this distribution: 43% of semi-detached houses houses are smaller than 12 AVOCET CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

12 AVOCET CLOSE: Plot and Title Map

12 AVOCET CLOSE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 12 AVOCET 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 12 AVOCET 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 12 AVOCET CLOSE?

12 AVOCET CLOSE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 12 on AVOCET CLOSE.