18, FEN GREEN CLOSE, LOWESTOFT, NR32 3QW - £415,000

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

18 FEN GREEN CLOSE is a large extended detached house of 127m², built sometime between 1996 and 2002. It was last sold for £415,000 in November 2022, which was around 6% below the average November 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

18 FEN GREEN CLOSE Sold Prices

Land registry data shows four sales for 18 FEN GREEN 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. two of the four 18 FEN GREEN CLOSE sales were for below the average price, and four were for above 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
2022 25 NOV	£415,000	£442,367	6% below HPI
2002 30 MAY	£149,950	£153,113	2% below HPI
1998 25 SEP	£99,995	£91,426	9% above HPI
1996 10 MAY	£96,000	£74,229	29% above HPI

18 FEN GREEN 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 18 FEN GREEN CLOSE sales between May 1996 and November 2022 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 May 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2022 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 18 FEN GREEN CLOSE?

18 FEN GREEN CLOSE is 127m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 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 18 FEN GREEN CLOSE lies on this distribution: 77% of detached houses are smaller than 18 FEN GREEN CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

18 FEN GREEN CLOSE: Plot and Title Map

18 FEN GREEN CLOSE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 18 FEN GREEN 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 18 FEN GREEN 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 18 FEN GREEN CLOSE?

18 FEN GREEN CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 18 on FEN GREEN CLOSE.