6, BROAD FLEET CLOSE, OULTON, LOWESTOFT, NR32 3RA - £240,000

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.

6 BROAD FLEET CLOSE is a very small detached house of 71m², built sometime between 1996 and 2002, which could now be worth an estimated £285,846. It was last sold for £240,000 in December 2019, which was around 32% below the average December 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

6 BROAD FLEET CLOSE Sold Prices

Land registry data shows two sales for 6 BROAD FLEET 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 6 BROAD FLEET 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
2019 12 DEC	£240,000	£355,195	32% below HPI
2001 7 SEP	£93,500	£139,873	33% below HPI

6 BROAD FLEET 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 6 BROAD FLEET CLOSE sales from September 2001 and December 2019 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 September 2001 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2019 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 6 BROAD FLEET CLOSE be worth now?

6 BROAD FLEET CLOSE might now be worth an estimated £285,846.

This is based on house price inflation of 19.1%, between December 2019 and February 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 19.1% inflationary increase is applied to the most recent sale price for 6 BROAD FLEET CLOSE of £240,000 on 12th December 2019. For the value to have increased from £240,000 to £285,846 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 6 BROAD FLEET CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The December 2019 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 6 BROAD FLEET CLOSE has not materially changed since December 2019.

How Large is 6 BROAD FLEET CLOSE?

6 BROAD FLEET CLOSE is 71m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 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 6 BROAD FLEET CLOSE lies on this distribution: 18% of detached houses houses are smaller than 6 BROAD FLEET CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

6 BROAD FLEET CLOSE: Plot and Title Map

6 BROAD FLEET CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 6 BROAD FLEET 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 6 BROAD FLEET 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 6 BROAD FLEET CLOSE?

6 BROAD FLEET CLOSE is located in OULTON, in the NR32 postcode district. The below map shows the position of No. 6 on BROAD FLEET CLOSE.