8, ORCHARD CLOSE, BLUNDESTON, LOWESTOFT, NR32 5AD - £355,000

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

8 ORCHARD CLOSE is a small extended detached house of 99m², built sometime between 1967 and 1975, which could now be worth an estimated £333,147. It was last sold for £355,000 in October 2022, which was around 19% below the average October 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was C.

8 ORCHARD CLOSE Sold Prices

Land registry data shows three sales for 8 ORCHARD 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 8 ORCHARD 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
2022 21 OCT	£355,000	£439,971	19% below HPI
2019 29 JUL	£248,000	£349,425	29% below HPI
2001 12 OCT	£109,950	£141,897	23% below HPI

8 ORCHARD 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 8 ORCHARD CLOSE sales between October 2001 and October 2022 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 2019 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 8 ORCHARD CLOSE be worth now?

8 ORCHARD CLOSE might now be worth an estimated £333,147.

This is based on house price deflation of 6.2%, between October 2022 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 6.2% deflationary decrease is applied to the most recent sale price for 8 ORCHARD CLOSE of £355,000 on 21st October 2022. For the value to have decreased from £355,000 to £333,147 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 8 ORCHARD CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2022 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ORCHARD CLOSE has not materially changed since October 2022.

How Large is 8 ORCHARD CLOSE?

8 ORCHARD CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% of detached houses houses in Blundeston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blundeston, and where 8 ORCHARD CLOSE lies on this distribution: 25% of detached houses houses are smaller than 8 ORCHARD CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Blundeston.

8 ORCHARD CLOSE: Plot and Title Map

8 ORCHARD CLOSE sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of 8 ORCHARD 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 8 ORCHARD 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 8 ORCHARD CLOSE?

8 ORCHARD CLOSE is located in BLUNDESTON, in the NR32 postcode district. The below map shows the position of No. 8 on ORCHARD CLOSE.