1, LARKSPUR CLOSE, LOWESTOFT, NR32 5EU - £525,000

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 LARKSPUR CLOSE is a very large extended detached house of 197m², built sometime between 1983 and 1990. It was last sold for £525,000 in February 2024, which was around 23% above the average February 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was B, and the potential energy rating was B.

1 LARKSPUR CLOSE Sold Prices

Land registry data shows three sales for 1 LARKSPUR 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. All of the three 1 LARKSPUR CLOSE sales were 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
2024 1 FEB	£525,000	£427,316	23% above HPI
2009 6 NOV	£286,000	£239,205	20% above HPI
2006 24 FEB	£250,000	£222,076	13% above HPI

1 LARKSPUR 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 LARKSPUR CLOSE sales between February 2006 and February 2024 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 2009 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the February 2024 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 1 LARKSPUR CLOSE?

1 LARKSPUR CLOSE is 197m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 10% 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 LARKSPUR CLOSE lies on this distribution: 96% of detached houses are smaller than 1 LARKSPUR CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1 LARKSPUR CLOSE: Plot and Title Map

1 LARKSPUR CLOSE sits on a plot of roughly 0.171 of an acre, or 691m². The below map shows the location of 1 LARKSPUR 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 LARKSPUR 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 LARKSPUR CLOSE?

1 LARKSPUR CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 1 on LARKSPUR CLOSE.