24, GUSCOTT CLOSE, LOWESTOFT, NR32 4WN - £363,000

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.

24 GUSCOTT CLOSE is a very large detached house of 136m², built sometime between 2003 and 2006, which could now be worth an estimated £369,913. It was last sold for £363,000 in April 2022, which was around 13% below the average April 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

24 GUSCOTT CLOSE Sold Prices

Land registry data shows three sales for 24 GUSCOTT 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. Two of the three 24 GUSCOTT CLOSE sales were for below the average price, whilst one was for above 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
2022 29 APR	£363,000	£415,140	13% below HPI
2017 9 NOV	£280,000	£344,536	19% below HPI
2000 24 NOV	£131,000	£118,540	11% above HPI

24 GUSCOTT 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 24 GUSCOTT CLOSE sales between November 2000 and April 2022 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 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 24 GUSCOTT CLOSE be worth now?

24 GUSCOTT CLOSE might now be worth an estimated £369,913.

This is based on house price inflation of 1.9%, between April 2022 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 1.9% inflationary increase is applied to the most recent sale price for 24 GUSCOTT CLOSE of £363,000 on 29th April 2022. For the value to have increased from £363,000 to £369,913 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 24 GUSCOTT CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The April 2022 sale price of £363,000 represented a fair market value for the property.
• The size, condition, and specification of 24 GUSCOTT CLOSE has not materially changed since April 2022.

How Large is 24 GUSCOTT CLOSE?

24 GUSCOTT CLOSE is 136m² according to the EPC inspection conducted in February 2022. This puts it in the largest 20% 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 24 GUSCOTT CLOSE lies on this distribution: 82% of detached houses houses are smaller than 24 GUSCOTT CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

24 GUSCOTT CLOSE: Plot and Title Map

24 GUSCOTT CLOSE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 24 GUSCOTT 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 24 GUSCOTT 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 24 GUSCOTT CLOSE?

24 GUSCOTT CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 24 on GUSCOTT CLOSE.