8, MAGDALEN CLOSE, LOWESTOFT, NR32 4TP - £183,150

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.

8 MAGDALEN CLOSE is a large detached house of 111m², built sometime between 1976 and 1982, which could now be worth an estimated £326,034. It was last sold for £183,150 in March 2009, which was around 20% below the average March 2009 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

8 MAGDALEN CLOSE Sold Prices

Land registry data shows one sale for 8 MAGDALEN CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2009 16 MAR	£183,150	£229,191	20% below HPI

What might 8 MAGDALEN CLOSE be worth now?

8 MAGDALEN CLOSE might now be worth an estimated £326,034.

This is based on house price inflation of 78%, between March 2009 and May 2026, 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 78% inflationary increase is applied to the most recent sale price for 8 MAGDALEN CLOSE of £183,150 on 16th March 2009. For the value to have increased from £183,150 to £326,034 over the sixteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 8 MAGDALEN CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The March 2009 sale price of £183,150 represented a fair market value for the property.
• The size, condition, and specification of 8 MAGDALEN CLOSE has not materially changed since March 2009.

How Large is 8 MAGDALEN CLOSE?

8 MAGDALEN CLOSE is 111m² according to the EPC inspection conducted in November 2008. This puts it in the largest 40% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 8 MAGDALEN CLOSE lies on this distribution: 65% of detached houses are smaller than 8 MAGDALEN CLOSE, and 35% of detached houses are larger. Note that EPC data is not available for all properties in Lowestoft.

8 MAGDALEN CLOSE: Plot

8 MAGDALEN CLOSE sits on a plot of roughly 0.132 of an acre, or 535m².

Where is 8 MAGDALEN CLOSE?

8 MAGDALEN CLOSE is located in LOWESTOFT, in the NR32 postcode district.