40, SWIFT CLOSE, CARLTON COLVILLE, LOWESTOFT, NR33 8TR - £180,000

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

40 SWIFT CLOSE is a very small semi-detached house of 46m², built sometime between 1983 and 1990. It was last sold for £180,000 in February 2022, which was around 56% below the average February 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

40 SWIFT CLOSE Sold Prices

Land registry data shows six sales for 40 SWIFT CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the six 40 SWIFT 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 28 FEB	£180,000	£407,268	56% below HPI
2017 23 NOV	£147,500	£344,483	57% below HPI
2013 8 NOV	£122,000	£261,530	53% below HPI
2007 31 AUG	£132,000	£261,746	50% below HPI
2003 26 AUG	£86,500	£190,047	54% below HPI
1996 24 MAY	£40,000	£74,229	46% below HPI

40 SWIFT 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 six 40 SWIFT CLOSE sales between May 1996 and February 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 November 2017 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the February 2022 sale, where it rises to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 40 SWIFT CLOSE?

40 SWIFT CLOSE is 46m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 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 40 SWIFT CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 40 SWIFT CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

40 SWIFT CLOSE: Plot and Title Map

40 SWIFT CLOSE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 40 SWIFT 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 40 SWIFT 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 40 SWIFT CLOSE?

40 SWIFT CLOSE is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 40 on SWIFT CLOSE.