1, GUSCOTT CLOSE, LOWESTOFT, NR32 4WN - £232,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 GUSCOTT CLOSE is a very small semi-detached house of 65m², built sometime between 1996 and 2002, which could now be worth an estimated £238,791. It was last sold for £232,500 in February 2022, which was around 11% below the average February 2022 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

1 GUSCOTT CLOSE Sold Prices

Land registry data shows four sales for 1 GUSCOTT 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. All of the four 1 GUSCOTT 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 9 FEB	£232,500	£260,346	11% below HPI
2007 20 SEP	£147,000	£174,286	16% below HPI
2003 31 JUL	£111,000	£117,188	5% below HPI
2000 31 AUG	£62,750	£72,077	13% below HPI

1 GUSCOTT 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 1 GUSCOTT CLOSE sales between August 2000 and February 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 September 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 1 GUSCOTT CLOSE be worth now?

1 GUSCOTT CLOSE might now be worth an estimated £238,791.

This is based on house price inflation of 2.7%, between February 2022 and May 2026, 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 2.7% inflationary increase is applied to the most recent sale price for 1 GUSCOTT CLOSE of £232,500 on 9th February 2022. For the value to have increased from £232,500 to £238,791 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of 1 GUSCOTT CLOSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The February 2022 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 1 GUSCOTT CLOSE has not materially changed since February 2022.

How Large is 1 GUSCOTT CLOSE?

1 GUSCOTT CLOSE is 65m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 20% of semi-detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lowestoft, and where 1 GUSCOTT CLOSE lies on this distribution: 10% of semi-detached houses houses are smaller than 1 GUSCOTT CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

1 GUSCOTT CLOSE: Plot and Title Map

1 GUSCOTT CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 1 GUSCOTT 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 1 GUSCOTT 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 1 GUSCOTT CLOSE?

1 GUSCOTT CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 1 on GUSCOTT CLOSE.