2, DURRANTS CLOSE, KESSINGLAND, LOWESTOFT, NR33 7PB - £148,000

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 DURRANTS CLOSE is a very small detached house of 69m², built sometime between 1976 and 1982. It was last sold for £148,000 in August 2012, which was around 40% below the average August 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

2 DURRANTS CLOSE Sold Prices

Land registry data shows two sales for 2 DURRANTS 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 DURRANTS 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
2012 2 AUG	£148,000	£248,594	40% below HPI
2006 31 AUG	£145,000	£235,518	38% below HPI

2 DURRANTS 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 DURRANTS CLOSE sales from August 2006 and August 2012 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 2006 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2012 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 2 DURRANTS CLOSE?

2 DURRANTS CLOSE is 69m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of detached houses in Kessingland, based on EPC data. The below chart shows the distribution of detached houses by size in Kessingland, and where 2 DURRANTS CLOSE lies on this distribution: 17% of detached houses are smaller than 2 DURRANTS CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Kessingland.

2 DURRANTS CLOSE: Plot and Title Map

2 DURRANTS CLOSE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 2 DURRANTS 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 DURRANTS 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 DURRANTS CLOSE?

2 DURRANTS CLOSE is located in KESSINGLAND, in the NR33 postcode district. The below map shows the position of No. 2 on DURRANTS CLOSE.