24, HOBART CLOSE, LOWESTOFT, NR32 3BH - £392,500

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.

24 HOBART CLOSE is a large detached house of 132m², which could now be worth an estimated £370,666. It was last sold for £392,500 in December 2022, which was around 11% below the average December 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2016, where the current energy rating was B, and the potential energy rating was A.

24 HOBART CLOSE Sold Prices

Land registry data shows two sales for 24 HOBART 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. Both of the two 24 HOBART 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
2022 2 DEC	£392,500	£441,391	11% below HPI
2016 22 JUL	£225,000	£311,134	28% below HPI

24 HOBART 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 24 HOBART CLOSE sales from July 2016 and December 2022 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 24 HOBART CLOSE be worth now?

24 HOBART CLOSE might now be worth an estimated £370,666.

This is based on house price deflation of 5.6%, between December 2022 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 5.6% deflationary decrease is applied to the most recent sale price for 24 HOBART CLOSE of £392,500 on 2nd December 2022. For the value to have decreased from £392,500 to £370,666 over the three years and six months to June 2025, the following assumptions must hold true:

• The value of 24 HOBART CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The December 2022 sale price of £392,500 represented a fair market value for the property.
• The size, condition, and specification of 24 HOBART CLOSE has not materially changed since December 2022.

How Large is 24 HOBART CLOSE?

24 HOBART CLOSE is 132m² according to the EPC inspection conducted in July 2016. This puts it in the largest 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 24 HOBART CLOSE lies on this distribution: 80% of detached houses houses are smaller than 24 HOBART CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

24 HOBART CLOSE: Plot and Title Map

24 HOBART CLOSE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 24 HOBART 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 HOBART 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 HOBART CLOSE?

24 HOBART CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 24 on HOBART CLOSE.