3, VERMEER CLOSE, LOWESTOFT, NR32 4NQ - £198,000

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 VERMEER CLOSE is a large detached house of 118m², built sometime between 1976 and 1982. It was last sold for £198,000 in April 2014, which was around 25% below the average April 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

3 VERMEER CLOSE Sold Prices

Land registry data shows two sales for 3 VERMEER 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 VERMEER 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
2014 25 APR	£198,000	£264,724	25% below HPI
1997 31 OCT	£72,000	£84,012	14% below HPI

3 VERMEER 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 VERMEER CLOSE sales from October 1997 and April 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 October 1997 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2014 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 VERMEER CLOSE?

3 VERMEER CLOSE is 118m² according to the EPC inspection conducted in October 2016. This puts it in the largest 30% 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 VERMEER CLOSE lies on this distribution: 71% of detached houses are smaller than 3 VERMEER CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

3 VERMEER CLOSE: Plot and Title Map

3 VERMEER CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 3 VERMEER 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 VERMEER 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 VERMEER CLOSE?

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