1, BROADLAND CLOSE, LOWESTOFT, NR33 8QZ - £168,000

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.

1 BROADLAND CLOSE is a large extended detached house of 113m², built sometime between 1967 and 1975, which could now be worth an estimated £238,151. It was last sold for £168,000 in July 2015, which was around 43% below the average July 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

1 BROADLAND CLOSE Sold Prices

Land registry data shows three sales for 1 BROADLAND CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Two of the three 1 BROADLAND CLOSE sales were for below the average price, whilst one was for above 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
2015 6 JUL	£168,000	£296,838	43% below HPI
2013 15 NOV	£155,000	£261,570	41% below HPI
1995 13 NOV	£73,995	£71,601	3% above HPI

1 BROADLAND 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 three 1 BROADLAND CLOSE sales between November 1995 and July 2015 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 November 2013 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the July 2015 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 1 BROADLAND CLOSE be worth now?

1 BROADLAND CLOSE might now be worth an estimated £238,151.

This is based on house price inflation of 41.8%, between July 2015 and July 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 41.8% inflationary increase is applied to the most recent sale price for 1 BROADLAND CLOSE of £168,000 on 6th July 2015. For the value to have increased from £168,000 to £238,151 over the ten years to July 2025, the following assumptions must hold true:

• The value of 1 BROADLAND CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The July 2015 sale price of £168,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BROADLAND CLOSE has not materially changed since July 2015.

How Large is 1 BROADLAND CLOSE?

1 BROADLAND CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the largest 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 1 BROADLAND CLOSE lies on this distribution: 67% of detached houses houses are smaller than 1 BROADLAND CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1 BROADLAND CLOSE: Plot and Title Map

1 BROADLAND CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 1 BROADLAND 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 1 BROADLAND 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 1 BROADLAND CLOSE?

1 BROADLAND CLOSE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 1 on BROADLAND CLOSE.