7, BROAD FLEET CLOSE, OULTON, LOWESTOFT, NR32 3RA - £230,000

7 BROAD FLEET CLOSE is a small detached house of 76m², built sometime between 2003 and 2006. It was last sold for £230,000 in May 2017, which was around 31% below the average May 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

7 BROAD FLEET CLOSE Sold Prices

Land registry data shows two sales for 7 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 7 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
2017 5 MAY	£230,000	£331,801	31% below HPI
2006 23 JUN	£191,000	£225,842	15% below HPI

7 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 7 BROAD FLEET CLOSE sales from June 2006 and May 2017 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 June 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 7 BROAD FLEET CLOSE?

7 BROAD FLEET CLOSE is 76m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 30% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 7 BROAD FLEET CLOSE lies on this distribution: 25% of detached houses are smaller than 7 BROAD FLEET CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

7 BROAD FLEET CLOSE: Plot and Title Map

7 BROAD FLEET CLOSE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 7 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 7 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 7 BROAD FLEET CLOSE?

7 BROAD FLEET CLOSE is located in OULTON, in the NR32 postcode district. The below map shows the position of No. 7 on BROAD FLEET CLOSE.