2, WAYNE CLOSE, LOWESTOFT, NR32 4SX - £460,000

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 WAYNE CLOSE is a very large extended detached house of 177m², built sometime between 1983 and 1990. It was last sold for £460,000 in November 2023, which was around 9% above the average November 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2023, where the current energy rating was B, and the potential energy rating was B.

2 WAYNE CLOSE Sold Prices

Land registry data shows two sales for 2 WAYNE 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. One of the two 2 WAYNE CLOSE sales was for above the average price, whilst the other was 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
2023 22 NOV	£460,000	£423,644	9% above HPI
2009 29 MAY	£183,000	£223,526	18% below HPI

2 WAYNE 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 WAYNE CLOSE sales from May 2009 and November 2023 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 May 2009 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2023 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 2 WAYNE CLOSE?

2 WAYNE CLOSE is 177m², which includes four extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 10% 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 WAYNE CLOSE lies on this distribution: 94% of detached houses are smaller than 2 WAYNE CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 WAYNE CLOSE: Plot and Title Map

2 WAYNE CLOSE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 2 WAYNE 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 WAYNE 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 WAYNE CLOSE?

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