38, SILVERWOOD CLOSE, LOWESTOFT, NR33 7LX - £325,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

38 SILVERWOOD CLOSE is a large detached house of 128m², built sometime between 1983 and 1990. It was last sold for £325,000 in May 2014, which was around 20% above the average May 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

38 SILVERWOOD CLOSE Sold Prices

Land registry data shows three sales for 38 SILVERWOOD 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 38 SILVERWOOD CLOSE sales were for above 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
2014 2 MAY	£325,000	£270,205	20% above HPI
2006 26 JUL	£236,000	£231,620	2% above HPI
2002 30 OCT	£220,000	£171,230	28% above HPI

38 SILVERWOOD 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 38 SILVERWOOD CLOSE sales between October 2002 and May 2014 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 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2014 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 38 SILVERWOOD CLOSE?

38 SILVERWOOD CLOSE is 128m² according to the EPC inspection conducted in August 2013. This puts it in the largest 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 38 SILVERWOOD CLOSE lies on this distribution: 78% of detached houses are smaller than 38 SILVERWOOD CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

38 SILVERWOOD CLOSE: Plot and Title Map

38 SILVERWOOD CLOSE sits on a plot of roughly 0.229 of an acre, or 928m². The below map shows the location of 38 SILVERWOOD 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 38 SILVERWOOD 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 38 SILVERWOOD CLOSE?

38 SILVERWOOD CLOSE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 38 on SILVERWOOD CLOSE.