5, SPEEDWELL CLOSE, LOWESTOFT, NR33 7DU - £251,000

5 SPEEDWELL CLOSE is a midsized extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £251,000 in April 2022, which was around 43% below the average April 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

5 SPEEDWELL CLOSE Sold Prices

Land registry data shows two sales for 5 SPEEDWELL 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 SPEEDWELL 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 4 APR	£251,000	£438,806	43% below HPI
2010 25 JAN	£107,500	£246,204	56% below HPI

5 SPEEDWELL 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 SPEEDWELL CLOSE sales from January 2010 and April 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 January 2010 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the April 2022 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 5 SPEEDWELL CLOSE?

5 SPEEDWELL CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 50% 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 SPEEDWELL CLOSE lies on this distribution: 44% of detached houses are smaller than 5 SPEEDWELL CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

5 SPEEDWELL CLOSE: Plot and Title Map

5 SPEEDWELL CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 5 SPEEDWELL 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 SPEEDWELL 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 SPEEDWELL CLOSE?

5 SPEEDWELL CLOSE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 5 on SPEEDWELL CLOSE.