5, PORTHOLE CLOSE, CARLTON COLVILLE, LOWESTOFT, NR33 8GS - £232,500

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

5 PORTHOLE CLOSE is a small detached house of 75m², built sometime between 1996 and 2002. It was last sold for £232,500 in November 2022, which was around 47% below the average November 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

5 PORTHOLE CLOSE Sold Prices

Land registry data shows two sales for 5 PORTHOLE 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 5 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 29 NOV	£232,500	£442,367	47% below HPI
2002 6 DEC	£105,000	£175,252	40% below HPI

5 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 two 5 PORTHOLE CLOSE sales from December 2002 and November 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 December 2002 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2022 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 5 PORTHOLE CLOSE?

5 PORTHOLE CLOSE is 75m² according to the EPC inspection conducted in February 2022. 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 5 PORTHOLE CLOSE lies on this distribution: 23% of detached houses are smaller than 5 PORTHOLE CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

5 PORTHOLE CLOSE: Plot and Title Map

5 PORTHOLE CLOSE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 5 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 5 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 5 PORTHOLE CLOSE?

5 PORTHOLE CLOSE is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 5 on PORTHOLE CLOSE.