2, REGAN CLOSE, LOWESTOFT, NR32 4WY - £205,000

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 REGAN CLOSE is a small detached house of 82m², built sometime between 2003 and 2006, which could now be worth an estimated £257,092. It was last sold for £205,000 in June 2017, which was around 38% below the average June 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

2 REGAN CLOSE Sold Prices

Land registry data shows five sales for 2 REGAN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the five 2 REGAN 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
2017 28 JUN	£205,000	£332,377	38% below HPI
2013 9 AUG	£170,000	£263,248	35% below HPI
2007 2 MAR	£174,995	£246,753	29% below HPI
2005 1 JUN	£150,500	£216,301	30% below HPI
2002 23 AUG	£108,950	£162,033	33% below HPI

2 REGAN 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 five 2 REGAN CLOSE sales between August 2002 and June 2017 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 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2017 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 2 REGAN CLOSE be worth now?

2 REGAN CLOSE might now be worth an estimated £257,092.

This is based on house price inflation of 25.4%, between June 2017 and June 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 25.4% inflationary increase is applied to the most recent sale price for 2 REGAN CLOSE of £205,000 on 28th June 2017. For the value to have increased from £205,000 to £257,092 over the eight years to June 2025, the following assumptions must hold true:

• The value of 2 REGAN CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The June 2017 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 2 REGAN CLOSE has not materially changed since June 2017.

How Large is 2 REGAN CLOSE?

2 REGAN CLOSE is 82m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 40% 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 REGAN CLOSE lies on this distribution: 33% of detached houses houses are smaller than 2 REGAN CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 REGAN CLOSE: Plot and Title Map

2 REGAN CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 2 REGAN 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 REGAN 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 REGAN CLOSE?

2 REGAN CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 2 on REGAN CLOSE.