6, DESMOND CLOSE, LOWESTOFT, NR32 3JY - £136,000

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 DESMOND CLOSE is a very small semi-detached house of 72m², built sometime between 1976 and 1982, which could now be worth an estimated £237,708. It was last sold for £136,000 in March 2012, which was around 15% below the average March 2012 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

6 DESMOND CLOSE Sold Prices

Land registry data shows two sales for 6 DESMOND 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 6 DESMOND 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
2012 30 MAR	£136,000	£160,835	15% below HPI
2005 30 SEP	£127,500	£149,839	15% below HPI

6 DESMOND 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 6 DESMOND CLOSE sales from September 2005 and March 2012 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 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2012 sale, which was also at 15% below the HPI.

What might 6 DESMOND CLOSE be worth now?

6 DESMOND CLOSE might now be worth an estimated £237,708.

This is based on house price inflation of 74.8%, between March 2012 and March 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 74.8% inflationary increase is applied to the most recent sale price for 6 DESMOND CLOSE of £136,000 on 30th March 2012. For the value to have increased from £136,000 to £237,708 over the thirteen years to March 2025, the following assumptions must hold true:

• The value of 6 DESMOND CLOSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The March 2012 sale price of £136,000 represented a fair market value for the property.
• The size, condition, and specification of 6 DESMOND CLOSE has not materially changed since March 2012.

How Large is 6 DESMOND CLOSE?

6 DESMOND CLOSE is 72m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 20% 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 6 DESMOND CLOSE lies on this distribution: 19% of semi-detached houses houses are smaller than 6 DESMOND CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

6 DESMOND CLOSE: Plot and Title Map

6 DESMOND CLOSE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 6 DESMOND 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 DESMOND 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 DESMOND CLOSE?

6 DESMOND CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 6 on DESMOND CLOSE.