1, SPINNEY GARDENS, CARLTON COLVILLE, LOWESTOFT, NR33 8GF - £385,000

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 SPINNEY GARDENS is a very large detached house of 135m², built sometime between 1996 and 2002. It was last sold for £385,000 in August 2019, which was around 10% above the average August 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

1 SPINNEY GARDENS Sold Prices

Land registry data shows four sales for 1 SPINNEY GARDENS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Most of the four 1 SPINNEY GARDENS 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
2019 23 AUG	£385,000	£350,133	10% above HPI
2019 19 JUL	£375,000	£349,371	7% above HPI
2007 1 JUN	£280,000	£245,338	14% above HPI
2003 23 MAY	£49,995	£184,148	73% below HPI

1 SPINNEY GARDENS 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 four 1 SPINNEY GARDENS sales between May 2003 and August 2019 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 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2019 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 1 SPINNEY GARDENS?

1 SPINNEY GARDENS is 135m² according to the EPC inspection conducted in December 2018. 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 SPINNEY GARDENS lies on this distribution: 82% of detached houses are smaller than 1 SPINNEY GARDENS, and 18% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1 SPINNEY GARDENS: Plot and Title Map

1 SPINNEY GARDENS sits on a plot of roughly 0.180 of an acre, or 727m². The below map shows the location of 1 SPINNEY GARDENS, 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 SPINNEY GARDENS). 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 SPINNEY GARDENS?

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