9, GALLEY CLOSE, CARLTON COLVILLE, LOWESTOFT, NR33 8GX - £267,500

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 GALLEY CLOSE is a small detached house of 81m², built sometime between 1996 and 2002, which could now be worth an estimated £276,080. It was last sold for £267,500 in June 2024, which was around 35% below the average June 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

9 GALLEY CLOSE Sold Prices

Land registry data shows four sales for 9 GALLEY 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 9 GALLEY 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
2024 7 JUN	£267,500	£409,898	35% below HPI
2015 31 MAR	£175,000	£284,570	39% below HPI
2009 26 JUN	£157,000	£222,768	30% below HPI
2002 20 MAR	£96,750	£144,145	33% below HPI

9 GALLEY 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 9 GALLEY CLOSE sales between March 2002 and June 2024 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 March 2015 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2024 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 9 GALLEY CLOSE be worth now?

9 GALLEY CLOSE might now be worth an estimated £276,080.

This is based on house price inflation of 3.2%, between June 2024 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 3.2% inflationary increase is applied to the most recent sale price for 9 GALLEY CLOSE of £267,500 on 7th June 2024. For the value to have increased from £267,500 to £276,080 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 9 GALLEY CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The June 2024 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of 9 GALLEY CLOSE has not materially changed since June 2024.

How Large is 9 GALLEY CLOSE?

9 GALLEY CLOSE is 81m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 40% 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 GALLEY CLOSE lies on this distribution: 32% of detached houses houses are smaller than 9 GALLEY CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

9 GALLEY CLOSE: Plot and Title Map

9 GALLEY CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 9 GALLEY 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 GALLEY 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 GALLEY CLOSE?

9 GALLEY CLOSE is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 9 on GALLEY CLOSE.