11, SWIFT CLOSE, CARLTON COLVILLE, LOWESTOFT, NR33 8TR - £195,000

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 SWIFT CLOSE is a very small semi-detached house of 66m², built sometime between 1991 and 1995. It was last sold for £195,000 in July 2021, which was around 48% below the average July 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

11 SWIFT CLOSE Sold Prices

Land registry data shows five sales for 11 SWIFT 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 SWIFT 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
2021 9 JUL	£195,000	£372,923	48% below HPI
2017 21 AUG	£179,500	£338,592	47% below HPI
2015 18 FEB	£149,000	£284,841	48% below HPI
2010 9 JUL	£135,000	£254,374	47% below HPI
2004 23 FEB	£112,995	£201,178	44% below HPI

11 SWIFT 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 SWIFT CLOSE sales between February 2004 and July 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 August 2017 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the July 2021 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 11 SWIFT CLOSE?

11 SWIFT CLOSE is 66m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 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 11 SWIFT CLOSE lies on this distribution: 12% of detached houses are smaller than 11 SWIFT CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

11 SWIFT CLOSE: Plot and Title Map

11 SWIFT CLOSE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 11 SWIFT 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 SWIFT 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 SWIFT CLOSE?

11 SWIFT CLOSE is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 11 on SWIFT CLOSE.