15, CABIN CLOSE, CARLTON COLVILLE, LOWESTOFT, NR33 8GW - £270,000

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.

15 CABIN CLOSE is a small detached house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £270,884. It was last sold for £270,000 in December 2023, which was around 36% below the average December 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was C.

15 CABIN CLOSE Sold Prices

Land registry data shows three sales for 15 CABIN 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 15 CABIN 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
2023 21 DEC	£270,000	£421,666	36% below HPI
2019 4 JUL	£200,000	£349,425	43% below HPI
2000 24 NOV	£84,950	£118,540	28% below HPI

15 CABIN 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 15 CABIN CLOSE sales between November 2000 and December 2023 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 July 2019 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2023 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 15 CABIN CLOSE be worth now?

15 CABIN CLOSE might now be worth an estimated £270,884.

This is based on house price inflation of 0.3%, between December 2023 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 0.3% inflationary increase is applied to the most recent sale price for 15 CABIN CLOSE of £270,000 on 21st December 2023. For the value to have increased from £270,000 to £270,884 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 15 CABIN CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The December 2023 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CABIN CLOSE has not materially changed since December 2023.

How Large is 15 CABIN CLOSE?

15 CABIN CLOSE is 74m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 30% 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 15 CABIN CLOSE lies on this distribution: 22% of detached houses houses are smaller than 15 CABIN CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

15 CABIN CLOSE: Plot and Title Map

15 CABIN CLOSE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 15 CABIN 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 15 CABIN 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 15 CABIN CLOSE?

15 CABIN CLOSE is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 15 on CABIN CLOSE.