1, CABIN CLOSE, CARLTON COLVILLE, LOWESTOFT, NR33 8GW - £310,000

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 CABIN CLOSE is a large extended detached house of 113m², built sometime between 1996 and 2002, which could now be worth an estimated £355,472. It was last sold for £310,000 in September 2020, which was around 16% below the average September 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

1 CABIN CLOSE Sold Prices

Land registry data shows two sales for 1 CABIN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 1 CABIN 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
2020 18 SEP	£310,000	£366,961	16% below HPI
2000 3 NOV	£97,500	£118,540	18% below HPI

1 CABIN 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 two 1 CABIN CLOSE sales from November 2000 and September 2020 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 2000 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 1 CABIN CLOSE be worth now?

1 CABIN CLOSE might now be worth an estimated £355,472.

This is based on house price inflation of 14.7%, between September 2020 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 14.7% inflationary increase is applied to the most recent sale price for 1 CABIN CLOSE of £310,000 on 18th September 2020. For the value to have increased from £310,000 to £355,472 over the five years and two months to July 2025, the following assumptions must hold true:

• The value of 1 CABIN CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The September 2020 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CABIN CLOSE has not materially changed since September 2020.

How Large is 1 CABIN CLOSE?

1 CABIN CLOSE is 113m², which includes two extensions, according to the EPC inspection conducted in June 2020. 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 CABIN CLOSE lies on this distribution: 67% of detached houses houses are smaller than 1 CABIN CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1 CABIN CLOSE: Plot and Title Map

1 CABIN CLOSE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 1 CABIN 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 CABIN 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 CABIN CLOSE?

1 CABIN CLOSE is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 1 on CABIN CLOSE.