3, FEN GREEN CLOSE, LOWESTOFT, NR32 3QW - £159,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 FEN GREEN CLOSE is a very small detached house of 72m², built sometime between 1991 and 1995. It was last sold for £159,000 in January 2013, which was around 37% below the average January 2013 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

3 FEN GREEN CLOSE Sold Prices

Land registry data shows three sales for 3 FEN GREEN 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 3 FEN GREEN 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
2013 31 JAN	£159,000	£250,756	37% below HPI
2005 6 MAY	£140,000	£215,741	35% below HPI
1996 11 OCT	£70,000	£76,638	9% below HPI

3 FEN GREEN 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 3 FEN GREEN CLOSE sales between October 1996 and January 2013 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 May 2005 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2013 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 3 FEN GREEN CLOSE?

3 FEN GREEN CLOSE is 72m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 20% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 3 FEN GREEN CLOSE lies on this distribution: 19% of detached houses are smaller than 3 FEN GREEN CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

3 FEN GREEN CLOSE: Plot and Title Map

3 FEN GREEN CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 3 FEN GREEN 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 3 FEN GREEN 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 3 FEN GREEN CLOSE?

3 FEN GREEN CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 3 on FEN GREEN CLOSE.