9, CONRAD CLOSE, LOWESTOFT, NR33 8QA - £182,500

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.

9 CONRAD CLOSE is a very small detached house of 65m², built sometime between 1950 and 1966, which could now be worth an estimated £285,686. It was last sold for £182,500 in May 2014, which was around 32% below the average May 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

9 CONRAD CLOSE Sold Prices

Land registry data shows two sales for 9 CONRAD 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 9 CONRAD 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
2014 7 MAY	£182,500	£270,247	32% below HPI
1997 28 APR	£49,750	£78,672	37% below HPI

9 CONRAD 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 9 CONRAD CLOSE sales from April 1997 and May 2014 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 1997 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2014 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 9 CONRAD CLOSE be worth now?

9 CONRAD CLOSE might now be worth an estimated £285,686.

This is based on house price inflation of 56.5%, between May 2014 and February 2025, 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 56.5% inflationary increase is applied to the most recent sale price for 9 CONRAD CLOSE of £182,500 on 7th May 2014. For the value to have increased from £182,500 to £285,686 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 9 CONRAD CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The May 2014 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of 9 CONRAD CLOSE has not materially changed since May 2014.

How Large is 9 CONRAD CLOSE?

9 CONRAD CLOSE is 65m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowestoft, and where 9 CONRAD CLOSE lies on this distribution: 11% of detached houses houses are smaller than 9 CONRAD CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

9 CONRAD CLOSE: Plot and Title Map

9 CONRAD CLOSE sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 9 CONRAD 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 9 CONRAD 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 9 CONRAD CLOSE?

9 CONRAD CLOSE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 9 on CONRAD CLOSE.