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

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 STIRLING CLOSE is a very small detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £238,891. 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	£352,315	44% below HPI
2016 9 DEC	£173,000	£327,198	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.

What might 3 STIRLING CLOSE be worth now?

3 STIRLING CLOSE might now be worth an estimated £238,891.

This is based on house price inflation of 20.1%, between June 2020 and February 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 20.1% inflationary increase is applied to the most recent sale price for 3 STIRLING CLOSE of £198,950 on 11th June 2020. For the value to have increased from £198,950 to £238,891 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 3 STIRLING CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The June 2020 sale price of £198,950 represented a fair market value for the property.
• The size, condition, and specification of 3 STIRLING CLOSE has not materially changed since June 2020.

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 houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowestoft, and where 3 STIRLING CLOSE lies on this distribution: 17% of detached houses 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.