Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
15 RYE CLOSE is a small detached house of 77m², built sometime between 1976 and 1982. It was last sold for £186,000 in January 2017, which was around 43% below the average January 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 15 RYE CLOSE since 1st 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 RYE 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 |
---|---|---|---|
2017 6 JAN | £186,000 | £326,222 | 43% below HPI |
2014 23 SEP | £148,000 | £282,904 | 48% below HPI |
1998 9 APR | £53,000 | £83,741 | 37% below HPI |
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 RYE CLOSE sales between April 1998 and January 2017 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 September 2014 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the January 2017 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.
15 RYE CLOSE is 77m² according to the EPC inspection conducted in July 2014. 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 RYE CLOSE lies on this distribution: 26% of detached houses are smaller than 15 RYE CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.
15 RYE CLOSE sits on a plot of roughly 0.062 of an acre, or 253m². The below map shows the location of 15 RYE 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 RYE 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.
15 RYE CLOSE is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 15 on RYE CLOSE.