1, MULBERRY CLOSE, LOWESTOFT, NR33 8PZ - £207,500

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 MULBERRY CLOSE is a small detached house of 77m². It was last sold for £207,500 in October 2014, which was around 28% below the average October 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

1 MULBERRY CLOSE Sold Prices

Land registry data shows two sales for 1 MULBERRY 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 MULBERRY 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
2014 16 OCT	£207,500	£288,072	28% below HPI
2012 21 MAR	£200,000	£251,707	21% below HPI

1 MULBERRY 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 MULBERRY CLOSE sales from March 2012 and October 2014 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 March 2012 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2014 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 1 MULBERRY CLOSE?

1 MULBERRY CLOSE is 77m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 30% 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 MULBERRY CLOSE lies on this distribution: 26% of detached houses are smaller than 1 MULBERRY CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1 MULBERRY CLOSE: Plot and Title Map

1 MULBERRY CLOSE sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 1 MULBERRY 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 MULBERRY 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 MULBERRY CLOSE?

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