38, SWIFT CLOSE, CARLTON COLVILLE, LOWESTOFT, NR33 8TR - £130,000

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.

38 SWIFT CLOSE is a very small terraced house of 61m², built sometime between 1996 and 2002, which could now be worth an estimated £185,954. It was last sold for £130,000 in March 2016, which was around 12% below the average March 2016 terraced price in the East Suffolk local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

38 SWIFT CLOSE Sold Prices

Land registry data shows four sales for 38 SWIFT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. two of the four 38 SWIFT CLOSE sales were for below the average price, and four 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
2016 21 MAR	£130,000	£147,000	12% below HPI
2007 25 APR	£125,000	£128,005	2% below HPI
2001 16 OCT	£64,950	£60,387	8% above HPI
1998 23 DEC	£46,000	£40,156	15% above HPI

38 SWIFT 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 four 38 SWIFT CLOSE sales between December 1998 and March 2016 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 April 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2016 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 38 SWIFT CLOSE be worth now?

38 SWIFT CLOSE might now be worth an estimated £185,954.

This is based on house price inflation of 43%, between March 2016 and June 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 43% inflationary increase is applied to the most recent sale price for 38 SWIFT CLOSE of £130,000 on 21st March 2016. For the value to have increased from £130,000 to £185,954 over the eight years and nine months to June 2025, the following assumptions must hold true:

• The value of 38 SWIFT CLOSE has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The March 2016 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 38 SWIFT CLOSE has not materially changed since March 2016.

How Large is 38 SWIFT CLOSE?

38 SWIFT CLOSE is 61m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 10% 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 38 SWIFT CLOSE lies on this distribution: 7% of terraced houses houses are smaller than 38 SWIFT CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

38 SWIFT CLOSE: Plot and Title Map

38 SWIFT CLOSE sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 38 SWIFT 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 38 SWIFT 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 38 SWIFT CLOSE?

38 SWIFT CLOSE is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 38 on SWIFT CLOSE.