2, ROSEDALE CLOSE, LOWESTOFT, NR33 9AL - £284,500

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.

2 ROSEDALE CLOSE is a large detached house of 129m², built sometime between 1976 and 1982, which could now be worth an estimated £398,040. It was last sold for £284,500 in November 2015, which was around 6% below the average November 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

2 ROSEDALE CLOSE Sold Prices

Land registry data shows two sales for 2 ROSEDALE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. One of the two 2 ROSEDALE CLOSE sales was for below the average price, whilst the other was for above 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
2015 25 NOV	£284,500	£302,373	6% below HPI
2006 14 JUN	£249,995	£225,877	11% above HPI

2 ROSEDALE 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 two 2 ROSEDALE CLOSE sales from June 2006 and November 2015 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 June 2006 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 2015 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 2 ROSEDALE CLOSE be worth now?

2 ROSEDALE CLOSE might now be worth an estimated £398,040.

This is based on house price inflation of 39.9%, between November 2015 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 39.9% inflationary increase is applied to the most recent sale price for 2 ROSEDALE CLOSE of £284,500 on 25th November 2015. For the value to have increased from £284,500 to £398,040 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 ROSEDALE CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The November 2015 sale price of £284,500 represented a fair market value for the property.
• The size, condition, and specification of 2 ROSEDALE CLOSE has not materially changed since November 2015.

How Large is 2 ROSEDALE CLOSE?

2 ROSEDALE CLOSE is 129m² according to the EPC inspection conducted in September 2015. 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 ROSEDALE CLOSE lies on this distribution: 78% of detached houses houses are smaller than 2 ROSEDALE CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 ROSEDALE CLOSE: Plot and Title Map

2 ROSEDALE CLOSE sits on a plot of roughly 0.275 of an acre, or 1,112m². The below map shows the location of 2 ROSEDALE 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 ROSEDALE 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 ROSEDALE CLOSE?

2 ROSEDALE CLOSE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 2 on ROSEDALE CLOSE.