11, CONRAD CLOSE, LOWESTOFT, NR33 8QA - £186,000

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

11 CONRAD CLOSE is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £186,000 in September 2016, which was around 42% below the average September 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

11 CONRAD CLOSE Sold Prices

Land registry data shows two sales for 11 CONRAD 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 11 CONRAD 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
2016 27 SEP	£186,000	£322,227	42% below HPI
2012 27 FEB	£148,000	£257,962	43% below HPI

11 CONRAD 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 11 CONRAD CLOSE sales from February 2012 and September 2016 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 February 2012 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2016 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 11 CONRAD CLOSE?

11 CONRAD CLOSE is 64m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 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 11 CONRAD CLOSE lies on this distribution: 9% of detached houses are smaller than 11 CONRAD CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

11 CONRAD CLOSE: Plot and Title Map

11 CONRAD CLOSE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 11 CONRAD 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 11 CONRAD 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 11 CONRAD CLOSE?

11 CONRAD CLOSE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 11 on CONRAD CLOSE.