6, SPEEDWELL CLOSE, LOWESTOFT, NR33 7DU - £300,000

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 SPEEDWELL CLOSE is a small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £300,000 in October 2022, which was around 32% below the average October 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

6 SPEEDWELL CLOSE Sold Prices

Land registry data shows seven sales for 6 SPEEDWELL CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the seven 6 SPEEDWELL 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 13 OCT	£300,000	£439,903	32% below HPI
2019 25 OCT	£170,000	£349,022	51% below HPI
2006 1 SEP	£129,000	£237,036	46% below HPI
2005 17 OCT	£119,995	£227,208	47% below HPI
2002 18 SEP	£94,995	£167,041	43% below HPI
2001 5 OCT	£77,995	£141,875	45% below HPI
1999 23 MAR	£49,000	£90,454	46% below HPI

6 SPEEDWELL 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 seven 6 SPEEDWELL CLOSE sales between March 1999 and October 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 October 2019 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the October 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 6 SPEEDWELL CLOSE?

6 SPEEDWELL CLOSE is 77m² according to the EPC inspection conducted in January 2019. 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 6 SPEEDWELL CLOSE lies on this distribution: 26% of detached houses are smaller than 6 SPEEDWELL CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

6 SPEEDWELL CLOSE: Plot and Title Map

6 SPEEDWELL CLOSE sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of 6 SPEEDWELL 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 SPEEDWELL 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 SPEEDWELL CLOSE?

6 SPEEDWELL CLOSE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 6 on SPEEDWELL CLOSE.