12, BUCKNAM CLOSE, KESSINGLAND, LOWESTOFT, NR33 7NX - £120,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 BUCKNAM CLOSE is a very small semi-detached house of 65m², built sometime between 1983 and 1990, which could now be worth an estimated £223,699. It was last sold for £120,000 in August 2009, which was around 20% below the average August 2009 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

12 BUCKNAM CLOSE Sold Prices

Land registry data shows three sales for 12 BUCKNAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 12 BUCKNAM 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
2009 3 AUG	£120,000	£149,692	20% below HPI
2006 3 AUG	£125,500	£154,905	19% below HPI
2002 16 DEC	£93,500	£107,967	13% below HPI

12 BUCKNAM CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 12 BUCKNAM CLOSE sales between December 2002 and August 2009 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 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2009 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 12 BUCKNAM CLOSE be worth now?

12 BUCKNAM CLOSE might now be worth an estimated £223,699.

This is based on house price inflation of 86.4%, between August 2009 and February 2025, for semi-detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 86.4% inflationary increase is applied to the most recent sale price for 12 BUCKNAM CLOSE of £120,000 on 3rd August 2009. For the value to have increased from £120,000 to £223,699 over the sixteen years and six months to February 2025, the following assumptions must hold true:

• The value of 12 BUCKNAM CLOSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The August 2009 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 12 BUCKNAM CLOSE has not materially changed since August 2009.

How Large is 12 BUCKNAM CLOSE?

12 BUCKNAM CLOSE is 65m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of semi-detached houses houses in Kessingland, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Kessingland, and where 12 BUCKNAM CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 12 BUCKNAM CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Kessingland.

12 BUCKNAM CLOSE: Plot and Title Map

12 BUCKNAM CLOSE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 12 BUCKNAM 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 12 BUCKNAM 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 12 BUCKNAM CLOSE?

12 BUCKNAM CLOSE is located in KESSINGLAND, in the NR33 postcode district. The below map shows the position of No. 12 on BUCKNAM CLOSE.