8, RUBY CLOSE, CORTON, LOWESTOFT, NR32 5JE - £198,000

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 RUBY CLOSE is a midsized semi-detached house of 95m², built sometime between 1967 and 1975, which could now be worth an estimated £343,549. It was last sold for £198,000 in August 2011, which was around 23% above the average August 2011 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

8 RUBY CLOSE Sold Prices

Land registry data shows four sales for 8 RUBY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. Most of the four 8 RUBY CLOSE sales were for above 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
2011 10 AUG	£198,000	£160,827	23% above HPI
2007 13 APR	£187,500	£162,029	16% above HPI
2005 9 AUG	£175,000	£148,236	18% above HPI
2004 1 NOV	£127,500	£142,471	11% below HPI

8 RUBY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The four 8 RUBY CLOSE sales between November 2004 and August 2011 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 2007 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2011 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 8 RUBY CLOSE be worth now?

8 RUBY CLOSE might now be worth an estimated £343,549.

This is based on house price inflation of 73.5%, between August 2011 and February 2025, for semi-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 73.5% inflationary increase is applied to the most recent sale price for 8 RUBY CLOSE of £198,000 on 10th August 2011. For the value to have increased from £198,000 to £343,549 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 8 RUBY CLOSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The August 2011 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RUBY CLOSE has not materially changed since August 2011.

How Large is 8 RUBY CLOSE?

8 RUBY CLOSE is 95m² according to the EPC inspection conducted in March 2011. This puts it in the largest 50% of semi-detached houses houses in Corton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Corton, and where 8 RUBY CLOSE lies on this distribution: 52% of semi-detached houses houses are smaller than 8 RUBY CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Corton.

8 RUBY CLOSE: Plot and Title Map

8 RUBY CLOSE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 8 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 8 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 8 RUBY CLOSE?

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