24, HOBART CLOSE, LOWESTOFT, NR32 3BH - £392,500

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

24 HOBART CLOSE is a large detached house of 132m². It was last sold for £392,500 in December 2022, which was around 11% below the average December 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2016, where the current energy rating was B, and the potential energy rating was A.

24 HOBART CLOSE Sold Prices

Land registry data shows two sales for 24 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 24 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
2022 2 DEC	£392,500	£441,323	11% below HPI
2016 22 JUL	£225,000	£311,086	28% below HPI

24 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 24 HOBART CLOSE sales from July 2016 and December 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 2016 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 24 HOBART CLOSE?

24 HOBART CLOSE is 132m² according to the EPC inspection conducted in July 2016. This puts it in the largest 20% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 24 HOBART CLOSE lies on this distribution: 80% of detached houses are smaller than 24 HOBART CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

24 HOBART CLOSE: Plot and Title Map

24 HOBART CLOSE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 24 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 24 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 24 HOBART CLOSE?

24 HOBART CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 24 on HOBART CLOSE.