12, CAVENDISH CLOSE, LOWESTOFT, NR32 3DU - £252,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 CAVENDISH CLOSE is a small detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £251,748. It was last sold for £252,000 in November 2023, which was around 40% below the average November 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was B.

12 CAVENDISH CLOSE Sold Prices

Land registry data shows three sales for 12 CAVENDISH 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 12 CAVENDISH 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
2023 24 NOV	£252,000	£423,469	40% below HPI
2020 26 NOV	£222,500	£380,026	41% below HPI
2017 1 SEP	£190,000	£345,502	45% below HPI

12 CAVENDISH 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 12 CAVENDISH CLOSE sales between September 2017 and November 2023 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 November 2020 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2023 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 12 CAVENDISH CLOSE be worth now?

12 CAVENDISH CLOSE might now be worth an estimated £251,748.

This is based on house price deflation of 0.1%, between November 2023 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.1% deflationary decrease is applied to the most recent sale price for 12 CAVENDISH CLOSE of £252,000 on 24th November 2023. For the value to have decreased from £252,000 to £251,748 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 CAVENDISH CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The November 2023 sale price of £252,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CAVENDISH CLOSE has not materially changed since November 2023.

How Large is 12 CAVENDISH CLOSE?

12 CAVENDISH CLOSE is 81m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 40% of detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowestoft, and where 12 CAVENDISH CLOSE lies on this distribution: 32% of detached houses houses are smaller than 12 CAVENDISH CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

12 CAVENDISH CLOSE: Plot and Title Map

12 CAVENDISH CLOSE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 12 CAVENDISH 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 12 CAVENDISH 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 12 CAVENDISH CLOSE?

12 CAVENDISH CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 12 on CAVENDISH CLOSE.