5, RYE CLOSE, CARLTON COLVILLE, LOWESTOFT, NR33 8SL - £219,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 RYE CLOSE is a very small detached house of 72m², built sometime between 1983 and 1990, which could now be worth an estimated £258,589. It was last sold for £219,950 in August 2018, which was around 39% below the average August 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

5 RYE CLOSE Sold Prices

Land registry data shows three sales for 5 RYE 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 5 RYE 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
2018 9 AUG	£219,950	£357,913	39% below HPI
2011 23 SEP	£140,000	£250,840	44% below HPI
2000 23 NOV	£72,000	£118,540	39% below HPI

5 RYE 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 5 RYE CLOSE sales between November 2000 and August 2018 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 September 2011 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2018 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 5 RYE CLOSE be worth now?

5 RYE CLOSE might now be worth an estimated £258,589.

This is based on house price inflation of 17.6%, between August 2018 and July 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.6% inflationary increase is applied to the most recent sale price for 5 RYE CLOSE of £219,950 on 9th August 2018. For the value to have increased from £219,950 to £258,589 over the seven years and one month to July 2025, the following assumptions must hold true:

• The value of 5 RYE CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The August 2018 sale price of £219,950 represented a fair market value for the property.
• The size, condition, and specification of 5 RYE CLOSE has not materially changed since August 2018.

How Large is 5 RYE CLOSE?

5 RYE CLOSE is 72m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowestoft, and where 5 RYE CLOSE lies on this distribution: 19% of detached houses houses are smaller than 5 RYE CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

5 RYE CLOSE: Plot and Title Map

5 RYE CLOSE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 5 RYE 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 RYE 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 RYE CLOSE?

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