6, RUBY CLOSE, CORTON, LOWESTOFT, NR32 5JE - £260,000

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

6 RUBY CLOSE is a midsized extended detached house of 102m², built sometime between 1950 and 1966, which could now be worth an estimated £328,091. It was last sold for £260,000 in December 2016, which was around 21% below the average December 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

6 RUBY CLOSE Sold Prices

Land registry data shows three sales for 6 RUBY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 6 RUBY 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 22 DEC	£260,000	£327,198	21% below HPI
2000 21 JAN	£68,000	£104,089	35% below HPI
1996 30 AUG	£39,500	£73,819	46% below HPI

6 RUBY 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 three 6 RUBY CLOSE sales between August 1996 and December 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 January 2000 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2016 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 6 RUBY CLOSE be worth now?

6 RUBY CLOSE might now be worth an estimated £328,091.

This is based on house price inflation of 26.2%, between December 2016 and December 2024, 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 26.2% inflationary increase is applied to the most recent sale price for 6 RUBY CLOSE of £260,000 on 22nd December 2016. For the value to have increased from £260,000 to £328,091 over the eight years to December 2024, the following assumptions must hold true:

• The value of 6 RUBY CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The December 2016 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 6 RUBY CLOSE has not materially changed since December 2016.

How Large is 6 RUBY CLOSE?

6 RUBY CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 40% of detached houses houses in Corton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Corton, and where 6 RUBY CLOSE lies on this distribution: 58% of detached houses houses are smaller than 6 RUBY CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Corton.

6 RUBY CLOSE: Plot and Title Map

6 RUBY CLOSE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 6 RUBY 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 6 RUBY 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 6 RUBY CLOSE?

6 RUBY CLOSE is located in CORTON, in the NR32 postcode district. The below map shows the position of No. 6 on RUBY CLOSE.