8, VERDURE CLOSE, LOWESTOFT, NR32 4WR - £166,500

8 VERDURE CLOSE is a very small detached house of 64m², built sometime between 1996 and 2002. It was last sold for £166,500 in July 2013, which was around 35% below the average July 2013 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

8 VERDURE CLOSE Sold Prices

Land registry data shows four sales for 8 VERDURE 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 8 VERDURE 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
2013 12 JUL	£166,500	£256,130	35% below HPI
2006 19 MAY	£148,500	£221,098	33% below HPI
2004 12 MAY	£133,500	£211,686	37% below HPI
2000 20 DEC	£81,950	£121,841	33% below HPI

8 VERDURE 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 8 VERDURE CLOSE sales between December 2000 and July 2013 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 May 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2013 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 8 VERDURE CLOSE?

8 VERDURE CLOSE is 64m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% 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 VERDURE CLOSE lies on this distribution: 9% of detached houses are smaller than 8 VERDURE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

8 VERDURE CLOSE: Plot and Title Map

8 VERDURE CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 8 VERDURE 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 8 VERDURE 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 8 VERDURE CLOSE?

8 VERDURE CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 8 on VERDURE CLOSE.