2, HOBART CLOSE, LOWESTOFT, NR32 3BH - £169,995

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.

2 HOBART CLOSE is a small extended detached house of 85m², built sometime between 1983 and 1990, which could now be worth an estimated £284,076. It was last sold for £169,995 in June 2012, which was around 33% below the average June 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.

2 HOBART CLOSE Sold Prices

Land registry data shows two sales for 2 HOBART 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 HOBART 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 7 JUN	£169,995	£253,157	33% below HPI
2004 14 APR	£116,500	£207,974	44% below HPI

2 HOBART 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 HOBART CLOSE sales from April 2004 and June 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 April 2004 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the June 2012 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 2 HOBART CLOSE be worth now?

2 HOBART CLOSE might now be worth an estimated £284,076.

This is based on house price inflation of 67.1%, between June 2012 and February 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 67.1% inflationary increase is applied to the most recent sale price for 2 HOBART CLOSE of £169,995 on 7th June 2012. For the value to have increased from £169,995 to £284,076 over the thirteen years and four months to February 2025, the following assumptions must hold true:

• The value of 2 HOBART CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The June 2012 sale price of £169,995 represented a fair market value for the property.
• The size, condition, and specification of 2 HOBART CLOSE has not materially changed since June 2012.

How Large is 2 HOBART CLOSE?

2 HOBART CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the smallest 40% 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 2 HOBART CLOSE lies on this distribution: 37% of detached houses houses are smaller than 2 HOBART CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 HOBART CLOSE: Plot and Title Map

2 HOBART CLOSE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 2 HOBART 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 HOBART 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 HOBART CLOSE?

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