3, STIRLING CLOSE, LOWESTOFT, NR32 4RA - £198,950

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 STIRLING CLOSE is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £198,950 in June 2020, which was around 44% below the average June 2020 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

3 STIRLING CLOSE Sold Prices

Land registry data shows two sales for 3 STIRLING CLOSE 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 STIRLING 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
2020 11 JUN	£198,950	£352,260	44% below HPI
2016 9 DEC	£173,000	£327,148	47% below HPI

3 STIRLING 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 two 3 STIRLING CLOSE sales from December 2016 and June 2020 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 December 2016 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2020 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 3 STIRLING CLOSE?

3 STIRLING CLOSE is 70m² according to the EPC inspection conducted in September 2016. 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 STIRLING CLOSE lies on this distribution: 17% of detached houses are smaller than 3 STIRLING CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

3 STIRLING CLOSE: Plot and Title Map

3 STIRLING CLOSE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 3 STIRLING 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 STIRLING 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 STIRLING CLOSE?

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