1, STIMPSON CLOSE, LOWESTOFT, NR32 4WH - £175,000

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

1 STIMPSON CLOSE is a very large extended detached house of 134m², built sometime between 1996 and 2002. It was last sold for £175,000 in May 2010, which was around 31% below the average May 2010 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

1 STIMPSON CLOSE Sold Prices

Land registry data shows three sales for 1 STIMPSON 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 1 STIMPSON 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
2010 7 MAY	£175,000	£252,413	31% below HPI
2003 18 FEB	£149,995	£178,688	16% below HPI
2001 19 DEC	£117,950	£143,290	18% below HPI

1 STIMPSON 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 1 STIMPSON CLOSE sales between December 2001 and May 2010 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 February 2003 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2010 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 1 STIMPSON CLOSE?

1 STIMPSON CLOSE is 134m², which includes one extension, according to the EPC inspection conducted in February 2009. 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 1 STIMPSON CLOSE lies on this distribution: 82% of detached houses are smaller than 1 STIMPSON CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1 STIMPSON CLOSE: Plot and Title Map

1 STIMPSON CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 1 STIMPSON 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 1 STIMPSON 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 1 STIMPSON CLOSE?

1 STIMPSON CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 1 on STIMPSON CLOSE.