1, SILVERWOOD CLOSE, LOWESTOFT, NR33 7LX - £405,000

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 SILVERWOOD CLOSE is a very large detached house of 137m², built sometime between 1983 and 1990. It was last sold for £405,000 in August 2021, which was around 7% above the average August 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2019, where the current energy rating was A, and the potential energy rating was A.

1 SILVERWOOD CLOSE Sold Prices

Land registry data shows two sales for 1 SILVERWOOD 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. One of the two 1 SILVERWOOD CLOSE sales was for above the average price, whilst the other was 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 6 AUG	£405,000	£378,011	7% above HPI
2019 12 JUL	£310,000	£349,371	11% below HPI

1 SILVERWOOD 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 SILVERWOOD CLOSE sales from July 2019 and August 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 2019 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 1 SILVERWOOD CLOSE?

1 SILVERWOOD CLOSE is 137m² according to the EPC inspection conducted in October 2019. This puts it in the largest 20% 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 SILVERWOOD CLOSE lies on this distribution: 83% of detached houses are smaller than 1 SILVERWOOD CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1 SILVERWOOD CLOSE: Plot and Title Map

1 SILVERWOOD CLOSE sits on a plot of roughly 0.172 of an acre, or 694m². The below map shows the location of 1 SILVERWOOD 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 SILVERWOOD 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 SILVERWOOD CLOSE?

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