7, CAVENDISH CLOSE, LOWESTOFT, NR32 3DU - £250,000

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.

7 CAVENDISH CLOSE is a small extended semi-detached house of 88m², built sometime between 1967 and 1975, which could now be worth an estimated £264,998. It was last sold for £250,000 in December 2021, which was around 3% below the average December 2021 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

7 CAVENDISH CLOSE Sold Prices

Land registry data shows two sales for 7 CAVENDISH 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 7 CAVENDISH 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
2021 16 DEC	£250,000	£257,088	3% below HPI
2017 1 SEP	£180,000	£218,321	18% below HPI

7 CAVENDISH 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 7 CAVENDISH CLOSE sales from September 2017 and December 2021 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 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 7 CAVENDISH CLOSE be worth now?

7 CAVENDISH CLOSE might now be worth an estimated £264,998.

This is based on house price inflation of 6%, between December 2021 and June 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 6% inflationary increase is applied to the most recent sale price for 7 CAVENDISH CLOSE of £250,000 on 16th December 2021. For the value to have increased from £250,000 to £264,998 over the four years and six months to June 2025, the following assumptions must hold true:

• The value of 7 CAVENDISH CLOSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The December 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CAVENDISH CLOSE has not materially changed since December 2021.

How Large is 7 CAVENDISH CLOSE?

7 CAVENDISH CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% 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 7 CAVENDISH CLOSE lies on this distribution: 40% of semi-detached houses houses are smaller than 7 CAVENDISH CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

7 CAVENDISH CLOSE: Plot and Title Map

7 CAVENDISH CLOSE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 7 CAVENDISH 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 CAVENDISH 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 CAVENDISH CLOSE?

7 CAVENDISH CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 7 on CAVENDISH CLOSE.