5, FEN GREEN CLOSE, LOWESTOFT, NR32 3QW - £185,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 FEN GREEN CLOSE is a midsized detached house of 90m², built sometime between 1996 and 2002, which could now be worth an estimated £254,648. It was last sold for £185,000 in May 2016, which was around 40% below the average May 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

5 FEN GREEN CLOSE Sold Prices

Land registry data shows two sales for 5 FEN GREEN 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 5 FEN GREEN 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
2016 25 MAY	£185,000	£307,340	40% below HPI
1999 1 APR	£69,500	£90,692	23% below HPI

5 FEN GREEN 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 5 FEN GREEN CLOSE sales from April 1999 and May 2016 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 April 1999 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2016 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 5 FEN GREEN CLOSE be worth now?

5 FEN GREEN CLOSE might now be worth an estimated £254,648.

This is based on house price inflation of 37.6%, between May 2016 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 37.6% inflationary increase is applied to the most recent sale price for 5 FEN GREEN CLOSE of £185,000 on 25th May 2016. For the value to have increased from £185,000 to £254,648 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 5 FEN GREEN CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The May 2016 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FEN GREEN CLOSE has not materially changed since May 2016.

How Large is 5 FEN GREEN CLOSE?

5 FEN GREEN CLOSE is 90m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 50% 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 5 FEN GREEN CLOSE lies on this distribution: 43% of detached houses houses are smaller than 5 FEN GREEN CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

5 FEN GREEN CLOSE: Plot and Title Map

5 FEN GREEN CLOSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 5 FEN GREEN 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 5 FEN GREEN 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 5 FEN GREEN CLOSE?

5 FEN GREEN CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 5 on FEN GREEN CLOSE.