15, BIRCH CLOSE, LOWESTOFT, NR32 3QF - £340,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 BIRCH CLOSE is a large extended detached house of 125m², built sometime between 1983 and 1990, which could now be worth an estimated £387,109. It was last sold for £340,000 in August 2020, which was around 6% below the average August 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

15 BIRCH CLOSE Sold Prices

Land registry data shows five sales for 15 BIRCH CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the five 15 BIRCH 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
2020 3 AUG	£340,000	£362,641	6% below HPI
2015 3 JUL	£292,295	£296,838	2% below HPI
2006 13 JUL	£185,000	£231,656	20% below HPI
2004 29 JUN	£180,000	£214,995	16% below HPI
1998 11 AUG	£78,000	£88,644	12% below HPI

15 BIRCH 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 five 15 BIRCH CLOSE sales between August 1998 and August 2020 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 July 2015 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2020 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 15 BIRCH CLOSE be worth now?

15 BIRCH CLOSE might now be worth an estimated £387,109.

This is based on house price inflation of 13.9%, between August 2020 and December 2024, 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 13.9% inflationary increase is applied to the most recent sale price for 15 BIRCH CLOSE of £340,000 on 3rd August 2020. For the value to have increased from £340,000 to £387,109 over the three years and eight months to December 2024, the following assumptions must hold true:

• The value of 15 BIRCH CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The August 2020 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 15 BIRCH CLOSE has not materially changed since August 2020.

How Large is 15 BIRCH CLOSE?

15 BIRCH CLOSE is 125m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 30% 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 15 BIRCH CLOSE lies on this distribution: 75% of detached houses houses are smaller than 15 BIRCH CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

15 BIRCH CLOSE: Plot and Title Map

15 BIRCH CLOSE sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 15 BIRCH 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 15 BIRCH 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 15 BIRCH CLOSE?

15 BIRCH CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 15 on BIRCH CLOSE.