11, GLEBE CLOSE, LOWESTOFT, NR32 4NU - £315,000

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 GLEBE CLOSE is a midsized extended detached house of 101m², built sometime between 1967 and 1975. It was last sold for £315,000 in October 2018, which was around 12% below the average October 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

11 GLEBE CLOSE Sold Prices

Land registry data shows five sales for 11 GLEBE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the five 11 GLEBE 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
2018 4 OCT	£315,000	£358,712	12% below HPI
2009 31 MAR	£171,000	£229,156	25% below HPI
2006 3 NOV	£192,000	£241,140	20% below HPI
2002 4 SEP	£132,000	£167,041	21% below HPI
1998 12 JUN	£58,000	£87,213	33% below HPI

11 GLEBE 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 five 11 GLEBE CLOSE sales between June 1998 and October 2018 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 2009 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2018 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 11 GLEBE CLOSE?

11 GLEBE CLOSE is 101m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 50% 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 GLEBE CLOSE lies on this distribution: 55% of detached houses are smaller than 11 GLEBE CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

11 GLEBE CLOSE: Plot and Title Map

11 GLEBE CLOSE sits on a plot of roughly 0.151 of an acre, or 613m². The below map shows the location of 11 GLEBE 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 GLEBE 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 GLEBE CLOSE?

11 GLEBE CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 11 on GLEBE CLOSE.