1, DAMASK CLOSE, CARLTON COLVILLE, LOWESTOFT, NR33 8LL - £345,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 DAMASK CLOSE is a large extended detached house of 116m², built sometime between 1967 and 1975. It was last sold for £345,000 in November 2021, which was around 14% below the average November 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

1 DAMASK CLOSE Sold Prices

Land registry data shows two sales for 1 DAMASK 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 DAMASK 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
2021 23 NOV	£345,000	£402,968	14% below HPI
2009 23 JUL	£174,995	£226,587	23% below HPI

1 DAMASK 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 DAMASK CLOSE sales from July 2009 and November 2021 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 July 2009 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 1 DAMASK CLOSE?

1 DAMASK CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 40% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 1 DAMASK CLOSE lies on this distribution: 69% of detached houses are smaller than 1 DAMASK CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1 DAMASK CLOSE: Plot and Title Map

1 DAMASK CLOSE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 1 DAMASK 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 DAMASK 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 DAMASK CLOSE?

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