17, RYE CLOSE, CARLTON COLVILLE, LOWESTOFT, NR33 8SL - £191,000

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.

17 RYE CLOSE is a very small detached house of 52m², built sometime between 1983 and 1990, which could now be worth an estimated £248,976. It was last sold for £191,000 in October 2016, which was around 41% below the average October 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

17 RYE CLOSE Sold Prices

Land registry data shows four sales for 17 RYE 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 17 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
2016 18 OCT	£191,000	£324,537	41% below HPI
2013 8 AUG	£155,000	£263,248	41% below HPI
2001 1 MAR	£74,000	£125,650	41% below HPI
1999 29 OCT	£65,000	£100,933	36% below HPI

17 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 four 17 RYE CLOSE sales between October 1999 and October 2016 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 August 2013 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2016 sale, which was also at 41% below the HPI.

What might 17 RYE CLOSE be worth now?

17 RYE CLOSE might now be worth an estimated £248,976.

This is based on house price inflation of 30.4%, between October 2016 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 30.4% inflationary increase is applied to the most recent sale price for 17 RYE CLOSE of £191,000 on 18th October 2016. For the value to have increased from £191,000 to £248,976 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 17 RYE CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2016 sale price of £191,000 represented a fair market value for the property.
• The size, condition, and specification of 17 RYE CLOSE has not materially changed since October 2016.

How Large is 17 RYE CLOSE?

17 RYE CLOSE is 52m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% 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 17 RYE CLOSE lies on this distribution: 1% of detached houses houses are smaller than 17 RYE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

17 RYE CLOSE: Plot and Title Map

17 RYE CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 17 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 17 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 17 RYE CLOSE?

17 RYE CLOSE is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 17 on RYE CLOSE.