6, PALMER CLOSE, LOWESTOFT, NR32 4NL - £190,000

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

6 PALMER CLOSE is a midsized detached house of 102m², built sometime between 1967 and 1975. It was last sold for £190,000 in November 2012, which was around 24% below the average November 2012 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

6 PALMER CLOSE Sold Prices

Land registry data shows three sales for 6 PALMER 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 6 PALMER 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
2012 29 NOV	£190,000	£250,298	24% below HPI
2006 27 NOV	£72,250	£241,140	70% below HPI
2005 3 JUN	£188,000	£216,267	13% below HPI

6 PALMER 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 6 PALMER CLOSE sales between June 2005 and November 2012 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 2006 sale was for 70% below the HPI. So the extrapolation line tracks at 70% below the HPI over time, until the November 2012 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 6 PALMER CLOSE?

6 PALMER CLOSE is 102m² according to the EPC inspection conducted in July 2012. This puts it in the largest 50% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 6 PALMER CLOSE lies on this distribution: 56% of detached houses are smaller than 6 PALMER CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

6 PALMER CLOSE: Plot and Title Map

6 PALMER CLOSE sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 6 PALMER 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 6 PALMER 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 6 PALMER CLOSE?

6 PALMER CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 6 on PALMER CLOSE.