22, PORTHOLE CLOSE, CARLTON COLVILLE, LOWESTOFT, NR33 8GS - £265,000

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

22 PORTHOLE CLOSE is a small extended detached house of 79m², built sometime between 1983 and 1990. It was last sold for £265,000 in May 2022, which was around 37% below the average May 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

22 PORTHOLE CLOSE Sold Prices

Land registry data shows three sales for 22 PORTHOLE 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 22 PORTHOLE 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 9 MAY	£265,000	£423,073	37% below HPI
2003 30 OCT	£149,950	£197,051	24% below HPI
1999 18 JUN	£72,995	£93,324	22% below HPI

22 PORTHOLE 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 22 PORTHOLE CLOSE sales between June 1999 and May 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 October 2003 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2022 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 22 PORTHOLE CLOSE?

22 PORTHOLE CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in December 2021. 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 22 PORTHOLE CLOSE lies on this distribution: 29% of detached houses are smaller than 22 PORTHOLE CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

22 PORTHOLE CLOSE: Plot and Title Map

22 PORTHOLE CLOSE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 22 PORTHOLE 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 22 PORTHOLE 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 22 PORTHOLE CLOSE?

22 PORTHOLE CLOSE is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 22 on PORTHOLE CLOSE.