12, STIMPSON CLOSE, LOWESTOFT, NR32 4WH - £247,000

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 STIMPSON CLOSE is a large detached house of 107m², built sometime between 1996 and 2002, which could now be worth an estimated £291,323. It was last sold for £247,000 in December 2018, which was around 31% below the average December 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

12 STIMPSON CLOSE Sold Prices

Land registry data shows three sales for 12 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 12 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
2018 6 DEC	£247,000	£358,682	31% below HPI
2013 27 JUN	£180,000	£252,589	29% below HPI
2000 26 MAY	£95,000	£109,265	13% below HPI

12 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 12 STIMPSON CLOSE sales between May 2000 and December 2018 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 June 2013 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 12 STIMPSON CLOSE be worth now?

12 STIMPSON CLOSE might now be worth an estimated £291,323.

This is based on house price inflation of 17.9%, between December 2018 and February 2025, for 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 17.9% inflationary increase is applied to the most recent sale price for 12 STIMPSON CLOSE of £247,000 on 6th December 2018. For the value to have increased from £247,000 to £291,323 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 12 STIMPSON CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The December 2018 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 12 STIMPSON CLOSE has not materially changed since December 2018.

How Large is 12 STIMPSON CLOSE?

12 STIMPSON CLOSE is 107m² according to the EPC inspection conducted in November 2010. This puts it in the largest 40% of detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowestoft, and where 12 STIMPSON CLOSE lies on this distribution: 61% of detached houses houses are smaller than 12 STIMPSON CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

12 STIMPSON CLOSE: Plot and Title Map

12 STIMPSON CLOSE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 12 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 12 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 12 STIMPSON CLOSE?

12 STIMPSON CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 12 on STIMPSON CLOSE.