2, ASHNESS CLOSE, LOWESTOFT, NR32 4UW - £225,000

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

2 ASHNESS CLOSE is a midsized detached house of 91m², built sometime between 1996 and 2002. It was last sold for £225,000 in July 2019, which was around 36% below the average July 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

2 ASHNESS CLOSE Sold Prices

Land registry data shows two sales for 2 ASHNESS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 2 ASHNESS 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
2019 18 JUL	£225,000	£349,371	36% below HPI
1996 1 AUG	£59,500	£73,808	19% below HPI

2 ASHNESS 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 two 2 ASHNESS CLOSE sales from August 1996 and July 2019 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 August 1996 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2019 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 2 ASHNESS CLOSE?

2 ASHNESS CLOSE is 91m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 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 2 ASHNESS CLOSE lies on this distribution: 43% of detached houses are smaller than 2 ASHNESS CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 ASHNESS CLOSE: Plot and Title Map

2 ASHNESS CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 2 ASHNESS 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 2 ASHNESS 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 2 ASHNESS CLOSE?

2 ASHNESS CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 2 on ASHNESS CLOSE.