13, RED HOUSE CLOSE, OULTON, LOWESTOFT, NR32 3BD - £165,000

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.

13 RED HOUSE CLOSE is a very small detached house of 58m², built sometime between 1976 and 1982, which could now be worth an estimated £204,174. It was last sold for £165,000 in May 2019, which was around 51% below the average May 2019 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was D.

13 RED HOUSE CLOSE Sold Prices

Land registry data shows two sales for 13 RED HOUSE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 13 RED HOUSE 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
2019 3 MAY	£165,000	£340,054	51% below HPI
2011 18 NOV	£100,000	£252,606	60% below HPI

13 RED HOUSE 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 two 13 RED HOUSE CLOSE sales from November 2011 and May 2019 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 November 2011 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the May 2019 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 13 RED HOUSE CLOSE be worth now?

13 RED HOUSE CLOSE might now be worth an estimated £204,174.

This is based on house price inflation of 23.7%, between May 2019 and July 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 23.7% inflationary increase is applied to the most recent sale price for 13 RED HOUSE CLOSE of £165,000 on 3rd May 2019. For the value to have increased from £165,000 to £204,174 over the five years and ten months to July 2025, the following assumptions must hold true:

• The value of 13 RED HOUSE CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The May 2019 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 13 RED HOUSE CLOSE has not materially changed since May 2019.

How Large is 13 RED HOUSE CLOSE?

13 RED HOUSE CLOSE is 58m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% 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 13 RED HOUSE CLOSE lies on this distribution: 3% of detached houses houses are smaller than 13 RED HOUSE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

13 RED HOUSE CLOSE: Plot and Title Map

13 RED HOUSE CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 13 RED HOUSE 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 13 RED HOUSE 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 13 RED HOUSE CLOSE?

13 RED HOUSE CLOSE is located in OULTON, in the NR32 postcode district. The below map shows the position of No. 13 on RED HOUSE CLOSE.