3, SKOULDING CLOSE, LOWESTOFT, NR33 9RU - £302,500

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.

3 SKOULDING CLOSE is a large detached house of 111m², built sometime between 1991 and 1995, which could now be worth an estimated £370,468. It was last sold for £302,500 in January 2018, which was around 12% below the average January 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

3 SKOULDING CLOSE Sold Prices

Land registry data shows three sales for 3 SKOULDING 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 3 SKOULDING 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
2018 18 JAN	£302,500	£343,588	12% below HPI
2004 16 JAN	£175,000	£201,125	13% below HPI
1996 12 DEC	£88,000	£77,886	13% above HPI

3 SKOULDING 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 SKOULDING CLOSE sales between December 1996 and January 2018 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 January 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2018 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 3 SKOULDING CLOSE be worth now?

3 SKOULDING CLOSE might now be worth an estimated £370,468.

This is based on house price inflation of 22.5%, between January 2018 and July 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 22.5% inflationary increase is applied to the most recent sale price for 3 SKOULDING CLOSE of £302,500 on 18th January 2018. For the value to have increased from £302,500 to £370,468 over the six years and six months to July 2025, the following assumptions must hold true:

• The value of 3 SKOULDING CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The January 2018 sale price of £302,500 represented a fair market value for the property.
• The size, condition, and specification of 3 SKOULDING CLOSE has not materially changed since January 2018.

How Large is 3 SKOULDING CLOSE?

3 SKOULDING CLOSE is 111m² according to the EPC inspection conducted in September 2017. This puts it in the largest 40% 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 SKOULDING CLOSE lies on this distribution: 65% of detached houses houses are smaller than 3 SKOULDING CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

3 SKOULDING CLOSE: Plot and Title Map

3 SKOULDING CLOSE sits on a plot of roughly 0.167 of an acre, or 675m². The below map shows the location of 3 SKOULDING 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 SKOULDING 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 SKOULDING CLOSE?

3 SKOULDING CLOSE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 3 on SKOULDING CLOSE.