8, VERMEER CLOSE, LOWESTOFT, NR32 4NQ - £475,000

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

8 VERMEER CLOSE is a very large extended detached house of 141m², built sometime between 1976 and 1982. It was last sold for £475,000 in November 2022, which was around 7% above the average November 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

8 VERMEER CLOSE Sold Prices

Land registry data shows three sales for 8 VERMEER 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. One of the three 8 VERMEER CLOSE sales was for above the average price, whilst two 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 30 NOV	£475,000	£442,367	7% above HPI
2013 30 OCT	£230,000	£266,648	14% below HPI
2004 14 OCT	£189,995	£221,394	14% below HPI

8 VERMEER 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 8 VERMEER CLOSE sales between October 2004 and November 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 2013 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2022 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 8 VERMEER CLOSE?

8 VERMEER CLOSE is 141m², which includes four extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 20% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 8 VERMEER CLOSE lies on this distribution: 84% of detached houses are smaller than 8 VERMEER CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

8 VERMEER CLOSE: Plot and Title Map

8 VERMEER CLOSE sits on a plot of roughly 0.145 of an acre, or 586m². The below map shows the location of 8 VERMEER 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 8 VERMEER 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 8 VERMEER CLOSE?

8 VERMEER CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 8 on VERMEER CLOSE.