5, PERIWINKLE CLOSE, LOWESTOFT, NR33 8NZ - £124,000

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.

5 PERIWINKLE CLOSE is a very small terraced house of 48m², built sometime between 1967 and 1975, which could now be worth an estimated £162,447. It was last sold for £124,000 in May 2017, which was around 21% below the average May 2017 terraced price in the East Suffolk local authority area. The most recent EPC inspection was December 2016, where the current energy rating was C, and the potential energy rating was B.

5 PERIWINKLE CLOSE Sold Prices

Land registry data shows one sale for 5 PERIWINKLE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2017 26 MAY	£124,000	£157,724	21% below HPI

What might 5 PERIWINKLE CLOSE be worth now?

5 PERIWINKLE CLOSE might now be worth an estimated £162,447.

This is based on house price inflation of 31%, between May 2017 and May 2026, for terraced 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 31% inflationary increase is applied to the most recent sale price for 5 PERIWINKLE CLOSE of £124,000 on 26th May 2017. For the value to have increased from £124,000 to £162,447 over the nine years to May 2026, the following assumptions must hold true:

• The value of 5 PERIWINKLE CLOSE has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The May 2017 sale price of £124,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PERIWINKLE CLOSE has not materially changed since May 2017.

How Large is 5 PERIWINKLE CLOSE?

5 PERIWINKLE CLOSE is 48m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 10% of terraced houses in Lowestoft, based on EPC data. The below chart shows the distribution of terraced houses by size in Lowestoft, and where 5 PERIWINKLE CLOSE lies on this distribution: 3% of terraced houses are smaller than 5 PERIWINKLE CLOSE, and 97% of terraced houses are larger. Note that EPC data is not available for all properties in Lowestoft.

5 PERIWINKLE CLOSE: Plot

5 PERIWINKLE CLOSE sits on a plot of roughly 0.029 of an acre, or 119m².

Where is 5 PERIWINKLE CLOSE?

5 PERIWINKLE CLOSE is located in LOWESTOFT, in the NR33 postcode district.