15, SPEEDWELL CLOSE, LOWESTOFT, NR33 7DU - £218,000

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 SPEEDWELL CLOSE is a very small detached house of 59m², built sometime between 1967 and 1975. It was last sold for £218,000 in June 2021, which was around 43% below the average June 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

15 SPEEDWELL CLOSE Sold Prices

Land registry data shows four sales for 15 SPEEDWELL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 15 SPEEDWELL 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
2021 4 JUN	£218,000	£380,524	43% below HPI
2014 7 NOV	£164,950	£286,739	42% below HPI
1999 22 NOV	£56,995	£100,119	43% below HPI
1998 11 SEP	£49,500	£91,426	46% below HPI

15 SPEEDWELL 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 four 15 SPEEDWELL CLOSE sales between September 1998 and June 2021 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 2014 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the June 2021 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 15 SPEEDWELL CLOSE?

15 SPEEDWELL CLOSE is 59m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 10% 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 SPEEDWELL CLOSE lies on this distribution: 4% of detached houses are smaller than 15 SPEEDWELL CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

15 SPEEDWELL CLOSE: Plot and Title Map

15 SPEEDWELL CLOSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 15 SPEEDWELL 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 SPEEDWELL 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 SPEEDWELL CLOSE?

15 SPEEDWELL CLOSE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 15 on SPEEDWELL CLOSE.