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 WILLOWBROOK CLOSE is a small extended detached house of 79m², built sometime between 1996 and 2002. It was last sold for £262,000 in December 2023, which was around 38% below the average December 2023 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2 WILLOWBROOK CLOSE since 1st 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 WILLOWBROOK 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 |
---|---|---|---|
2023 15 DEC | £262,000 | £422,815 | 38% below HPI |
2008 6 JUN | £174,999 | £254,475 | 31% below HPI |
2003 5 DEC | £131,500 | £199,289 | 34% below HPI |
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 WILLOWBROOK CLOSE sales between December 2003 and December 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 June 2008 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2023 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.
2 WILLOWBROOK CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% 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 WILLOWBROOK CLOSE lies on this distribution: 29% of detached houses are smaller than 2 WILLOWBROOK CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.
2 WILLOWBROOK CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 2 WILLOWBROOK 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 WILLOWBROOK 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.
2 WILLOWBROOK CLOSE is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 2 on WILLOWBROOK CLOSE.