2, PRIMROSE CLOSE, LOWESTOFT, NR33 7EG - £238,000

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.

2 PRIMROSE CLOSE is a very small detached house of 60m², built sometime between 1950 and 1966, which could now be worth an estimated £227,623. It was last sold for £238,000 in October 2022, which was around 46% below the average October 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

2 PRIMROSE CLOSE Sold Prices

Land registry data shows three sales for 2 PRIMROSE 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 2 PRIMROSE 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
2022 18 OCT	£238,000	£439,971	46% below HPI
2019 10 JUL	£200,000	£349,425	43% below HPI
2018 31 AUG	£142,000	£357,913	60% below HPI

2 PRIMROSE 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 2 PRIMROSE CLOSE sales between August 2018 and October 2022 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 July 2019 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2022 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 2 PRIMROSE CLOSE be worth now?

2 PRIMROSE CLOSE might now be worth an estimated £227,623.

This is based on house price deflation of 4.4%, between October 2022 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 4.4% deflationary decrease is applied to the most recent sale price for 2 PRIMROSE CLOSE of £238,000 on 18th October 2022. For the value to have decreased from £238,000 to £227,623 over the three years and three months to July 2025, the following assumptions must hold true:

• The value of 2 PRIMROSE CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2022 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PRIMROSE CLOSE has not materially changed since October 2022.

How Large is 2 PRIMROSE CLOSE?

2 PRIMROSE CLOSE is 60m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 10% 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 PRIMROSE CLOSE lies on this distribution: 6% of detached houses houses are smaller than 2 PRIMROSE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 PRIMROSE CLOSE: Plot and Title Map

2 PRIMROSE CLOSE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 2 PRIMROSE 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 PRIMROSE 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 PRIMROSE CLOSE?

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