18, GALLEY CLOSE, CARLTON COLVILLE, LOWESTOFT, NR33 8GX - £273,000

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 GALLEY CLOSE is a midsized detached house of 97m², built sometime between 1996 and 2002. It was last sold for £273,000 in May 2021, which was around 27% below the average May 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

18 GALLEY CLOSE Sold Prices

Land registry data shows three sales for 18 GALLEY 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 18 GALLEY 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 25 MAY	£273,000	£372,753	27% below HPI
2014 6 JUN	£175,000	£273,758	36% below HPI
2001 18 DEC	£95,500	£143,290	33% below HPI

18 GALLEY 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 18 GALLEY CLOSE sales between December 2001 and May 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 June 2014 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 18 GALLEY CLOSE?

18 GALLEY CLOSE is 97m² according to the EPC inspection conducted in March 2014. This puts it in the largest 50% 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 GALLEY CLOSE lies on this distribution: 50% of detached houses are smaller than 18 GALLEY CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

18 GALLEY CLOSE: Plot and Title Map

18 GALLEY CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 18 GALLEY 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 GALLEY 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 GALLEY CLOSE?

18 GALLEY CLOSE is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 18 on GALLEY CLOSE.