2, DOUGLAS CLOSE, CARLTON COLVILLE, LOWESTOFT, NR33 8TT - £328,000

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.

2 DOUGLAS CLOSE is a large extended detached house of 126m², built sometime between 1991 and 1995, which could now be worth an estimated £344,290. It was last sold for £328,000 in November 2021, which was around 19% below the average November 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

2 DOUGLAS CLOSE Sold Prices

Land registry data shows three sales for 2 DOUGLAS 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 2 DOUGLAS 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
2021 3 NOV	£328,000	£403,030	19% below HPI
2019 29 NOV	£280,000	£352,150	20% below HPI
2006 1 SEP	£177,000	£237,073	25% below HPI

2 DOUGLAS 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 2 DOUGLAS CLOSE sales between September 2006 and November 2021 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 November 2019 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 2 DOUGLAS CLOSE be worth now?

2 DOUGLAS CLOSE might now be worth an estimated £344,290.

This is based on house price inflation of 5%, between November 2021 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 5% inflationary increase is applied to the most recent sale price for 2 DOUGLAS CLOSE of £328,000 on 3rd November 2021. For the value to have increased from £328,000 to £344,290 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 DOUGLAS CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The November 2021 sale price of £328,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DOUGLAS CLOSE has not materially changed since November 2021.

How Large is 2 DOUGLAS CLOSE?

2 DOUGLAS CLOSE is 126m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 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 2 DOUGLAS CLOSE lies on this distribution: 76% of detached houses houses are smaller than 2 DOUGLAS CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 DOUGLAS CLOSE: Plot and Title Map

2 DOUGLAS CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 2 DOUGLAS 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 2 DOUGLAS 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 2 DOUGLAS CLOSE?

2 DOUGLAS CLOSE is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 2 on DOUGLAS CLOSE.