5, COTMAN CLOSE, LOWESTOFT, NR32 4NW - £360,000

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

5 COTMAN CLOSE is a large extended detached house of 114m², built sometime between 1976 and 1982. It was last sold for £360,000 in June 2020, which was around 2% above the average June 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

5 COTMAN CLOSE Sold Prices

Land registry data shows two sales for 5 COTMAN 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. One of the two 5 COTMAN CLOSE sales was for above the average price, whilst the other was 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
2020 25 JUN	£360,000	£352,260	2% above HPI
2000 19 JUN	£73,000	£111,912	35% below HPI

5 COTMAN 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 5 COTMAN CLOSE sales from June 2000 and June 2020 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 2000 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2020 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 5 COTMAN CLOSE?

5 COTMAN CLOSE is 114m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 40% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 5 COTMAN CLOSE lies on this distribution: 67% of detached houses are smaller than 5 COTMAN CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

5 COTMAN CLOSE: Plot and Title Map

5 COTMAN CLOSE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 5 COTMAN 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 5 COTMAN 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 5 COTMAN CLOSE?

5 COTMAN CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 5 on COTMAN CLOSE.