20, RYE CLOSE, CARLTON COLVILLE, LOWESTOFT, NR33 8SL - £137,000

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.

20 RYE CLOSE is a very small detached house of 66m², built sometime between 1967 and 1975, which could now be worth an estimated £231,053. It was last sold for £137,000 in September 2011, which was around 45% below the average September 2011 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was D.

20 RYE CLOSE Sold Prices

Land registry data shows three sales for 20 RYE 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 20 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
2011 22 SEP	£137,000	£250,840	45% below HPI
2005 10 JUN	£135,000	£216,301	38% below HPI
2002 3 JUL	£72,750	£158,645	54% below HPI

20 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 three 20 RYE CLOSE sales between July 2002 and September 2011 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 2005 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2011 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 20 RYE CLOSE be worth now?

20 RYE CLOSE might now be worth an estimated £231,053.

This is based on house price inflation of 68.7%, between September 2011 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 68.7% inflationary increase is applied to the most recent sale price for 20 RYE CLOSE of £137,000 on 22nd September 2011. For the value to have increased from £137,000 to £231,053 over the fourteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 20 RYE CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The September 2011 sale price of £137,000 represented a fair market value for the property.
• The size, condition, and specification of 20 RYE CLOSE has not materially changed since September 2011.

How Large is 20 RYE CLOSE?

20 RYE CLOSE is 66m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 20% 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 20 RYE CLOSE lies on this distribution: 12% of detached houses houses are smaller than 20 RYE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

20 RYE CLOSE: Plot and Title Map

20 RYE CLOSE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 20 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 20 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 20 RYE CLOSE?

20 RYE CLOSE is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 20 on RYE CLOSE.