29, ELIZABETH CLOSE, LOWESTOFT, NR32 2RE - £232,000

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.

29 ELIZABETH CLOSE is a very small semi-detached house of 57m², built sometime between 1967 and 1975, which could now be worth an estimated £224,806. It was last sold for £232,000 in October 2022, which was around 18% below the average October 2022 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

29 ELIZABETH CLOSE Sold Prices

Land registry data shows two sales for 29 ELIZABETH 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 29 ELIZABETH 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 5 OCT	£232,000	£282,419	18% below HPI
2020 28 FEB	£149,000	£225,523	34% below HPI

29 ELIZABETH 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 29 ELIZABETH CLOSE sales from February 2020 and October 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 February 2020 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 29 ELIZABETH CLOSE be worth now?

29 ELIZABETH CLOSE might now be worth an estimated £224,806.

This is based on house price deflation of 3.1%, between October 2022 and July 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 3.1% deflationary decrease is applied to the most recent sale price for 29 ELIZABETH CLOSE of £232,000 on 5th October 2022. For the value to have decreased from £232,000 to £224,806 over the three years and three months to July 2025, the following assumptions must hold true:

• The value of 29 ELIZABETH CLOSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The October 2022 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 29 ELIZABETH CLOSE has not materially changed since October 2022.

How Large is 29 ELIZABETH CLOSE?

29 ELIZABETH CLOSE is 57m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% 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 29 ELIZABETH CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 29 ELIZABETH CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

29 ELIZABETH CLOSE: Plot and Title Map

29 ELIZABETH CLOSE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 29 ELIZABETH 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 29 ELIZABETH 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 29 ELIZABETH CLOSE?

29 ELIZABETH CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 29 on ELIZABETH CLOSE.