5, LOTHINGLAND CLOSE, LOWESTOFT, NR32 3RH - £218,000

5 LOTHINGLAND CLOSE is a very large detached house of 140m², built sometime between 1996 and 2002. It was last sold for £218,000 in August 2013, which was around 17% below the average August 2013 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

5 LOTHINGLAND CLOSE Sold Prices

Land registry data shows two sales for 5 LOTHINGLAND 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 5 LOTHINGLAND 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
2013 21 AUG	£218,000	£263,207	17% below HPI
2002 30 MAY	£149,950	£153,113	2% below HPI

5 LOTHINGLAND 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 5 LOTHINGLAND CLOSE sales from May 2002 and August 2013 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 May 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2013 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 5 LOTHINGLAND CLOSE?

5 LOTHINGLAND CLOSE is 140m² according to the EPC inspection conducted in March 2022. This puts it in the largest 20% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 5 LOTHINGLAND CLOSE lies on this distribution: 84% of detached houses are smaller than 5 LOTHINGLAND CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

5 LOTHINGLAND CLOSE: Plot and Title Map

5 LOTHINGLAND CLOSE sits on a plot of roughly 0.079 of an acre, or 322m². The below map shows the location of 5 LOTHINGLAND 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 5 LOTHINGLAND 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 5 LOTHINGLAND CLOSE?

5 LOTHINGLAND CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 5 on LOTHINGLAND CLOSE.