21, BROAD FLEET CLOSE, OULTON, LOWESTOFT, NR32 3RA - £190,000

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.

21 BROAD FLEET CLOSE is a small terraced house of 82m², built sometime between 2003 and 2006, which could now be worth an estimated £238,083. It was last sold for £190,000 in August 2018, which was around 12% above the average August 2018 terraced price in the East Suffolk local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

21 BROAD FLEET CLOSE Sold Prices

Land registry data shows two sales for 21 BROAD FLEET CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. Both of the two 21 BROAD FLEET CLOSE sales were 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
2018 31 AUG	£190,000	£169,771	12% above HPI
2016 22 JUL	£166,500	£151,166	10% above HPI

21 BROAD FLEET CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Suffolk local authority area over time, sourced from the HPI. The two 21 BROAD FLEET CLOSE sales from July 2016 and August 2018 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 July 2016 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2018 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 21 BROAD FLEET CLOSE be worth now?

21 BROAD FLEET CLOSE might now be worth an estimated £238,083.

This is based on house price inflation of 25.3%, between August 2018 and July 2025, for terraced 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 25.3% inflationary increase is applied to the most recent sale price for 21 BROAD FLEET CLOSE of £190,000 on 31st August 2018. For the value to have increased from £190,000 to £238,083 over the seven years and one month to July 2025, the following assumptions must hold true:

• The value of 21 BROAD FLEET CLOSE has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The August 2018 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 21 BROAD FLEET CLOSE has not materially changed since August 2018.

How Large is 21 BROAD FLEET CLOSE?

21 BROAD FLEET CLOSE is 82m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 40% of terraced houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lowestoft, and where 21 BROAD FLEET CLOSE lies on this distribution: 33% of terraced houses houses are smaller than 21 BROAD FLEET CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

21 BROAD FLEET CLOSE: Plot and Title Map

21 BROAD FLEET CLOSE sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of 21 BROAD FLEET 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 21 BROAD FLEET 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 21 BROAD FLEET CLOSE?

21 BROAD FLEET CLOSE is located in OULTON, in the NR32 postcode district. The below map shows the position of No. 21 on BROAD FLEET CLOSE.