24, DAMASK CLOSE, CARLTON COLVILLE, LOWESTOFT, NR33 8LL - £199,000

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.

24 DAMASK CLOSE is a midsized semi-detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £240,456. It was last sold for £199,000 in July 2019, which was around 12% below the average July 2019 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was B.

24 DAMASK CLOSE Sold Prices

Land registry data shows two sales for 24 DAMASK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 24 DAMASK 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
2019 29 JUL	£199,000	£225,529	12% below HPI
2011 9 SEP	£129,000	£159,331	19% below HPI

24 DAMASK CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The two 24 DAMASK CLOSE sales from September 2011 and July 2019 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 September 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2019 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 24 DAMASK CLOSE be worth now?

24 DAMASK CLOSE might now be worth an estimated £240,456.

This is based on house price inflation of 20.8%, between July 2019 and June 2025, for semi-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 20.8% inflationary increase is applied to the most recent sale price for 24 DAMASK CLOSE of £199,000 on 29th July 2019. For the value to have increased from £199,000 to £240,456 over the six years and one month to June 2025, the following assumptions must hold true:

• The value of 24 DAMASK CLOSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The July 2019 sale price of £199,000 represented a fair market value for the property.
• The size, condition, and specification of 24 DAMASK CLOSE has not materially changed since July 2019.

How Large is 24 DAMASK CLOSE?

24 DAMASK CLOSE is 102m² according to the EPC inspection conducted in December 2014. This puts it in the largest 50% of semi-detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lowestoft, and where 24 DAMASK CLOSE lies on this distribution: 56% of semi-detached houses houses are smaller than 24 DAMASK CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

24 DAMASK CLOSE: Plot and Title Map

24 DAMASK CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 24 DAMASK 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 24 DAMASK 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 24 DAMASK CLOSE?

24 DAMASK CLOSE is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 24 on DAMASK CLOSE.