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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 GALLEY CLOSE is a midsized detached house of 97m², built sometime between 1996 and 2002, which could now be worth an estimated £308,132. 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	£372,811	27% below HPI
2014 6 JUN	£175,000	£273,800	36% below HPI
2001 18 DEC	£95,500	£143,312	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.

What might 18 GALLEY CLOSE be worth now?

18 GALLEY CLOSE might now be worth an estimated £308,132.

This is based on house price inflation of 12.9%, between May 2021 and July 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.9% inflationary increase is applied to the most recent sale price for 18 GALLEY CLOSE of £273,000 on 25th May 2021. For the value to have increased from £273,000 to £308,132 over the three years and ten months to July 2025, the following assumptions must hold true:

• The value of 18 GALLEY CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The May 2021 sale price of £273,000 represented a fair market value for the property.
• The size, condition, and specification of 18 GALLEY CLOSE has not materially changed since May 2021.

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 houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowestoft, and where 18 GALLEY CLOSE lies on this distribution: 50% of detached houses 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.