16, DOUGLAS CLOSE, CARLTON COLVILLE, LOWESTOFT, NR33 8TT - £277,500

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

16 DOUGLAS CLOSE is a small extended detached house of 79m², built sometime between 1991 and 1995. It was last sold for £277,500 in August 2024, which was around 35% below the average August 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

16 DOUGLAS CLOSE Sold Prices

Land registry data shows seven sales for 16 DOUGLAS CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the seven 16 DOUGLAS 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
2024 30 AUG	£277,500	£424,493	35% below HPI
2021 21 DEC	£255,000	£404,862	37% below HPI
2015 11 SEP	£179,995	£301,956	40% below HPI
2005 4 MAY	£136,000	£215,741	37% below HPI
2004 10 NOV	£133,500	£220,375	39% below HPI
2002 28 JUN	£94,000	£156,145	40% below HPI
1999 20 AUG	£64,000	£99,731	36% below HPI

16 DOUGLAS 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 seven 16 DOUGLAS CLOSE sales between August 1999 and August 2024 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 December 2021 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2024 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 16 DOUGLAS CLOSE?

16 DOUGLAS CLOSE is 79m², which includes two extensions, according to the EPC inspection conducted in December 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 16 DOUGLAS CLOSE lies on this distribution: 29% of detached houses are smaller than 16 DOUGLAS CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

16 DOUGLAS CLOSE: Plot and Title Map

16 DOUGLAS CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 16 DOUGLAS 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 16 DOUGLAS 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 16 DOUGLAS CLOSE?

16 DOUGLAS CLOSE is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 16 on DOUGLAS CLOSE.