3, GREENACRE CRESCENT, LOWESTOFT, NR32 2RS - £107,000

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

3 GREENACRE CRESCENT is a small detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £192,132. It was last sold for £107,000 in August 2009, which was around 53% below the average August 2009 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

3 GREENACRE CRESCENT Sold Prices

Land registry data shows two sales for 3 GREENACRE CRESCENT 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 3 GREENACRE CRESCENT 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
2009 14 AUG	£107,000	£229,940	53% below HPI
1999 23 AUG	£65,000	£99,747	35% below HPI

3 GREENACRE CRESCENT 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 3 GREENACRE CRESCENT sales from August 1999 and August 2009 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 August 1999 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2009 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might 3 GREENACRE CRESCENT be worth now?

3 GREENACRE CRESCENT might now be worth an estimated £192,132.

This is based on house price inflation of 79.6%, between August 2009 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 79.6% inflationary increase is applied to the most recent sale price for 3 GREENACRE CRESCENT of £107,000 on 14th August 2009. For the value to have increased from £107,000 to £192,132 over the fourteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 3 GREENACRE CRESCENT has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The August 2009 sale price of £107,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GREENACRE CRESCENT has not materially changed since August 2009.

How Large is 3 GREENACRE CRESCENT?

3 GREENACRE CRESCENT is 79m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 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 3 GREENACRE CRESCENT lies on this distribution: 29% of detached houses houses are smaller than 3 GREENACRE CRESCENT, and 70% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

3 GREENACRE CRESCENT: Plot and Title Map

3 GREENACRE CRESCENT sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 3 GREENACRE CRESCENT, 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 GREENACRE CRESCENT). 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 GREENACRE CRESCENT?

3 GREENACRE CRESCENT is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 3 on GREENACRE CRESCENT.