7, OHIO CLOSE, CARLTON COLVILLE, LOWESTOFT, NR33 8TQ - £268,000

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

7 OHIO CLOSE is a large extended detached house of 131m², built sometime between 1996 and 2002. It was last sold for £268,000 in September 2015, which was around 11% below the average September 2015 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

7 OHIO CLOSE Sold Prices

Land registry data shows four sales for 7 OHIO CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. The four 7 OHIO CLOSE sales were a mix of below the average price, and roughly equal to 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
2015 24 SEP	£268,000	£301,956	11% below HPI
2013 7 AUG	£226,000	£263,207	14% below HPI
2011 11 FEB	£229,000	£247,727	8% below HPI
1996 17 OCT	£77,000	£76,638	Close to HPI

7 OHIO 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 four 7 OHIO CLOSE sales between October 1996 and September 2015 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 August 2013 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2015 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 7 OHIO CLOSE?

7 OHIO CLOSE is 131m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 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 7 OHIO CLOSE lies on this distribution: 79% of detached houses are smaller than 7 OHIO CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

7 OHIO CLOSE: Plot and Title Map

7 OHIO CLOSE sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 7 OHIO 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 7 OHIO 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 7 OHIO CLOSE?

7 OHIO CLOSE is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 7 on OHIO CLOSE.