38, STIRLING CLOSE, LOWESTOFT, NR32 4RA - £167,500

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

38 STIRLING CLOSE is a small extended detached house of 88m², built sometime between 1967 and 1975. It was last sold for £167,500 in August 2014, which was around 39% below the average August 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

38 STIRLING CLOSE Sold Prices

Land registry data shows two sales for 38 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 38 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
2014 8 AUG	£167,500	£276,803	39% below HPI
1999 23 JUL	£67,000	£96,527	31% below HPI

38 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 38 STIRLING CLOSE sales from July 1999 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 July 1999 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2014 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 38 STIRLING CLOSE?

38 STIRLING CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 40% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 38 STIRLING CLOSE lies on this distribution: 40% of detached houses are smaller than 38 STIRLING CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

38 STIRLING CLOSE: Plot and Title Map

38 STIRLING CLOSE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 38 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 38 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 38 STIRLING CLOSE?

38 STIRLING CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 38 on STIRLING CLOSE.