12, GALLEY CLOSE, CARLTON COLVILLE, LOWESTOFT, NR33 8GX - £190,000

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

12 GALLEY CLOSE is a midsized detached house of 101m², built sometime between 1996 and 2002. It was last sold for £190,000 in March 2012, which was around 25% below the average March 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

12 GALLEY CLOSE Sold Prices

Land registry data shows three sales for 12 GALLEY 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 GALLEY 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
2012 16 MAR	£190,000	£251,707	25% below HPI
2005 7 OCT	£175,000	£227,208	23% below HPI
2001 11 DEC	£109,950	£143,290	23% below HPI

12 GALLEY 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 GALLEY CLOSE sales between December 2001 and March 2012 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 October 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2012 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 12 GALLEY CLOSE?

12 GALLEY CLOSE is 101m² according to the EPC inspection conducted in May 2011. 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 12 GALLEY CLOSE lies on this distribution: 56% of detached houses are smaller than 12 GALLEY CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

12 GALLEY CLOSE: Plot and Title Map

12 GALLEY CLOSE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 12 GALLEY 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 GALLEY 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 GALLEY CLOSE?

12 GALLEY CLOSE is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 12 on GALLEY CLOSE.