8, WAYNE CLOSE, LOWESTOFT, NR32 4SX - £229,950

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.

8 WAYNE CLOSE is a midsized extended detached house of 95m², built sometime between 1967 and 1975, which could now be worth an estimated £311,403. It was last sold for £229,950 in January 2016, which was around 25% below the average January 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

8 WAYNE CLOSE Sold Prices

Land registry data shows one sale for 8 WAYNE 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
2016 15 JAN	£229,950	£305,207	25% below HPI

What might 8 WAYNE CLOSE be worth now?

8 WAYNE CLOSE might now be worth an estimated £311,403.

This is based on house price inflation of 35.4%, between January 2016 and April 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 35.4% inflationary increase is applied to the most recent sale price for 8 WAYNE CLOSE of £229,950 on 15th January 2016. For the value to have increased from £229,950 to £311,403 over the nine years and nine months to April 2026, the following assumptions must hold true:

• The value of 8 WAYNE CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The January 2016 sale price of £229,950 represented a fair market value for the property.
• The size, condition, and specification of 8 WAYNE CLOSE has not materially changed since January 2016.

How Large is 8 WAYNE CLOSE?

8 WAYNE CLOSE is 95m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the smallest 50% 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 WAYNE CLOSE lies on this distribution: 48% of detached houses are smaller than 8 WAYNE CLOSE, and 51% of detached houses are larger. Note that EPC data is not available for all properties in Lowestoft.

8 WAYNE CLOSE: Plot

8 WAYNE CLOSE sits on a plot of roughly 0.089 of an acre, or 361m².

Where is 8 WAYNE CLOSE?

8 WAYNE CLOSE is located in LOWESTOFT, in the NR32 postcode district.