7, LOTHINGLAND CLOSE, LOWESTOFT, NR32 3RH - £290,000

7 LOTHINGLAND CLOSE is a midsized detached house of 103m², built sometime between 1996 and 2002. It was last sold for £290,000 in July 2020, which was around 19% below the average July 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

7 LOTHINGLAND CLOSE Sold Prices

Land registry data shows four sales for 7 LOTHINGLAND CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 7 LOTHINGLAND 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
2020 10 JUL	£290,000	£357,411	19% below HPI
2004 7 APR	£198,500	£207,942	5% below HPI
2004 8 JAN	£55,000	£201,094	73% below HPI
2002 1 AUG	£124,761	£162,008	23% below HPI

7 LOTHINGLAND 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 four 7 LOTHINGLAND CLOSE sales between August 2002 and July 2020 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 April 2004 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 7 LOTHINGLAND CLOSE?

7 LOTHINGLAND CLOSE is 103m² according to the EPC inspection conducted in May 2020. This puts it in the largest 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 7 LOTHINGLAND CLOSE lies on this distribution: 57% of detached houses are smaller than 7 LOTHINGLAND CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

7 LOTHINGLAND CLOSE: Plot and Title Map

7 LOTHINGLAND CLOSE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 7 LOTHINGLAND 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 LOTHINGLAND 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 LOTHINGLAND CLOSE?

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