3, PLUMTREES, LOWESTOFT, NR32 3JH - £140,000

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 PLUMTREES is a very small detached house of 70m², built sometime between 1976 and 1982, which could now be worth an estimated £208,795. It was last sold for £140,000 in August 2014, which was around 49% below the average August 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

3 PLUMTREES Sold Prices

Land registry data shows three sales for 3 PLUMTREES 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 PLUMTREES 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
2014 15 AUG	£140,000	£276,846	49% below HPI
2009 6 NOV	£144,000	£239,242	40% below HPI
2003 15 AUG	£100,000	£190,076	47% below HPI

3 PLUMTREES 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 PLUMTREES sales between August 2003 and August 2014 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 2009 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2014 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 3 PLUMTREES be worth now?

3 PLUMTREES might now be worth an estimated £208,795.

This is based on house price inflation of 49.1%, between August 2014 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 49.1% inflationary increase is applied to the most recent sale price for 3 PLUMTREES of £140,000 on 15th August 2014. For the value to have increased from £140,000 to £208,795 over the nine years and eight months to December 2024, the following assumptions must hold true:

• The value of 3 PLUMTREES has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The August 2014 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PLUMTREES has not materially changed since August 2014.

How Large is 3 PLUMTREES?

3 PLUMTREES is 70m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 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 3 PLUMTREES lies on this distribution: 17% of detached houses houses are smaller than 3 PLUMTREES, and 82% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

3 PLUMTREES: Plot and Title Map

3 PLUMTREES sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 3 PLUMTREES, 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 PLUMTREES). 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 PLUMTREES?

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