2, WEST SIDE CLOSE, LOWESTOFT, NR32 4NS - £225,000

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.

2 WEST SIDE CLOSE is a large extended detached house of 129m², built sometime between 1967 and 1975, which could now be worth an estimated £365,326. It was last sold for £225,000 in July 2011, which was around 10% below the average July 2011 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was D.

2 WEST SIDE CLOSE Sold Prices

Land registry data shows one sale for 2 WEST SIDE 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
2011 11 JUL	£225,000	£251,279	10% below HPI

What might 2 WEST SIDE CLOSE be worth now?

2 WEST SIDE CLOSE might now be worth an estimated £365,326.

This is based on house price inflation of 62.4%, between July 2011 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 62.4% inflationary increase is applied to the most recent sale price for 2 WEST SIDE CLOSE of £225,000 on 11th July 2011. For the value to have increased from £225,000 to £365,326 over the fifteen years and two months to May 2026, the following assumptions must hold true:

• The value of 2 WEST SIDE CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The July 2011 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WEST SIDE CLOSE has not materially changed since July 2011.

How Large is 2 WEST SIDE CLOSE?

2 WEST SIDE CLOSE is 129m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the largest 30% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 2 WEST SIDE CLOSE lies on this distribution: 78% of detached houses are smaller than 2 WEST SIDE CLOSE, and 21% of detached houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 WEST SIDE CLOSE: Plot

2 WEST SIDE CLOSE sits on a plot of roughly 0.115 of an acre, or 464m².

Where is 2 WEST SIDE CLOSE?

2 WEST SIDE CLOSE is located in LOWESTOFT, in the NR32 postcode district.