5, THORNHAM CLOSE, LOWESTOFT, NR33 7HJ - £138,000

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 THORNHAM CLOSE is a very small extended detached house of 62m², built sometime between 1991 and 1995. It was last sold for £138,000 in October 2013, which was around 48% below the average October 2013 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

5 THORNHAM CLOSE Sold Prices

Land registry data shows two sales for 5 THORNHAM 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 THORNHAM 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
2013 10 OCT	£138,000	£266,648	48% below HPI
1995 29 SEP	£52,500	£73,256	28% below HPI

5 THORNHAM 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 THORNHAM CLOSE sales from September 1995 and October 2013 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 1995 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2013 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 5 THORNHAM CLOSE?

5 THORNHAM CLOSE is 62m², which includes one extension, according to the EPC inspection conducted in May 2011. 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 5 THORNHAM CLOSE lies on this distribution: 9% of detached houses are smaller than 5 THORNHAM CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

5 THORNHAM CLOSE: Plot and Title Map

5 THORNHAM CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 5 THORNHAM 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 THORNHAM 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 THORNHAM CLOSE?

5 THORNHAM CLOSE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 5 on THORNHAM CLOSE.