11, VERMEER CLOSE, LOWESTOFT, NR32 4NQ - £400,000

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 VERMEER CLOSE is a large extended detached house of 108m², built sometime between 1976 and 1982. It was last sold for £400,000 in March 2024, which was around 6% below the average March 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

11 VERMEER CLOSE Sold Prices

Land registry data shows three sales for 11 VERMEER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 11 VERMEER 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
2024 14 MAR	£400,000	£424,824	6% below HPI
2022 22 JUL	£280,000	£433,680	35% below HPI
1996 18 APR	£63,500	£73,667	14% below HPI

11 VERMEER 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 three 11 VERMEER CLOSE sales between April 1996 and March 2024 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 2022 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2024 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 11 VERMEER CLOSE?

11 VERMEER CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 40% 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 VERMEER CLOSE lies on this distribution: 61% of detached houses are smaller than 11 VERMEER CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

11 VERMEER CLOSE: Plot and Title Map

11 VERMEER CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 11 VERMEER 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 VERMEER 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 VERMEER CLOSE?

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