10, ARK CLOSE, KESSINGLAND, LOWESTOFT, NR33 7UR - £197,500

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.

10 ARK CLOSE is a small detached house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £248,289. It was last sold for £197,500 in October 2016, which was around 39% below the average October 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

10 ARK CLOSE Sold Prices

Land registry data shows three sales for 10 ARK 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 10 ARK 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 17 OCT	£197,500	£324,537	39% below HPI
2001 14 DEC	£99,995	£143,312	30% below HPI
2001 30 MAR	£89,995	£125,650	28% below HPI

10 ARK 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 10 ARK CLOSE sales between March 2001 and October 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 December 2001 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2016 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 10 ARK CLOSE be worth now?

10 ARK CLOSE might now be worth an estimated £248,289.

This is based on house price inflation of 25.7%, between October 2016 and May 2026, 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 25.7% inflationary increase is applied to the most recent sale price for 10 ARK CLOSE of £197,500 on 17th October 2016. For the value to have increased from £197,500 to £248,289 over the ten years and five months to May 2026, the following assumptions must hold true:

• The value of 10 ARK CLOSE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The October 2016 sale price of £197,500 represented a fair market value for the property.
• The size, condition, and specification of 10 ARK CLOSE has not materially changed since October 2016.

How Large is 10 ARK CLOSE?

10 ARK CLOSE is 76m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of detached houses houses in Kessingland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kessingland, and where 10 ARK CLOSE lies on this distribution: 26% of detached houses houses are smaller than 10 ARK CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Kessingland.

10 ARK CLOSE: Plot and Title Map

10 ARK CLOSE sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 10 ARK 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 10 ARK 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 10 ARK CLOSE?

10 ARK CLOSE is located in KESSINGLAND, in the NR33 postcode district. The below map shows the position of No. 10 on ARK CLOSE.