15, CABIN CLOSE, CARLTON COLVILLE, LOWESTOFT, NR33 8GW - £270,000

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

15 CABIN CLOSE is a small detached house of 74m², built sometime between 1996 and 2002. It was last sold for £270,000 in December 2023, which was around 36% below the average December 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was C.

15 CABIN CLOSE Sold Prices

Land registry data shows three sales for 15 CABIN 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 15 CABIN 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 21 DEC	£270,000	£422,815	36% below HPI
2019 4 JUL	£200,000	£349,371	43% below HPI
2000 24 NOV	£84,950	£118,522	28% below HPI

15 CABIN 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 15 CABIN CLOSE sales between November 2000 and December 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 July 2019 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2023 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 15 CABIN CLOSE?

15 CABIN CLOSE is 74m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 30% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 15 CABIN CLOSE lies on this distribution: 22% of detached houses are smaller than 15 CABIN CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

15 CABIN CLOSE: Plot and Title Map

15 CABIN CLOSE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 15 CABIN 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 15 CABIN 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 15 CABIN CLOSE?

15 CABIN CLOSE is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 15 on CABIN CLOSE.