14, ROWNTREE CLOSE, LOWESTOFT, NR32 4GA - £217,500

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.

14 ROWNTREE CLOSE is a midsized detached house of 106m², built sometime between 2003 and 2006, which could now be worth an estimated £320,843. It was last sold for £217,500 in November 2014, which was around 24% below the average November 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

14 ROWNTREE CLOSE Sold Prices

Land registry data shows four sales for 14 ROWNTREE 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 14 ROWNTREE 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
2014 27 NOV	£217,500	£286,784	24% below HPI
2009 30 OCT	£192,000	£236,404	19% below HPI
2006 10 OCT	£187,000	£237,597	21% below HPI
2004 20 AUG	£172,950	£220,943	22% below HPI

14 ROWNTREE 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 14 ROWNTREE CLOSE sales between August 2004 and November 2014 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 2009 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2014 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 14 ROWNTREE CLOSE be worth now?

14 ROWNTREE CLOSE might now be worth an estimated £320,843.

This is based on house price inflation of 47.5%, between November 2014 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 47.5% inflationary increase is applied to the most recent sale price for 14 ROWNTREE CLOSE of £217,500 on 27th November 2014. For the value to have increased from £217,500 to £320,843 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 14 ROWNTREE CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The November 2014 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of 14 ROWNTREE CLOSE has not materially changed since November 2014.

How Large is 14 ROWNTREE CLOSE?

14 ROWNTREE CLOSE is 106m² according to the EPC inspection conducted in July 2009. This puts it in the largest 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 14 ROWNTREE CLOSE lies on this distribution: 60% of detached houses houses are smaller than 14 ROWNTREE CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

14 ROWNTREE CLOSE: Plot and Title Map

14 ROWNTREE CLOSE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 14 ROWNTREE 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 14 ROWNTREE 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 14 ROWNTREE CLOSE?

14 ROWNTREE CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 14 on ROWNTREE CLOSE.