16, STIMPSON CLOSE, LOWESTOFT, NR32 4WH - £262,000

16 STIMPSON CLOSE is a small extended detached house of 80m², built sometime between 1996 and 2002. It was last sold for £262,000 in December 2021, which was around 38% below the average December 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

16 STIMPSON CLOSE Sold Prices

Land registry data shows four sales for 16 STIMPSON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 16 STIMPSON 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
2021 17 DEC	£262,000	£425,383	38% below HPI
2017 30 JUN	£234,950	£332,325	29% below HPI
2014 20 JUN	£177,500	£273,758	35% below HPI
1999 30 JUL	£74,950	£96,527	22% below HPI

16 STIMPSON 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 four 16 STIMPSON CLOSE sales between July 1999 and December 2021 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 June 2017 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 16 STIMPSON CLOSE?

16 STIMPSON CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 40% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 16 STIMPSON CLOSE lies on this distribution: 30% of detached houses are smaller than 16 STIMPSON CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

16 STIMPSON CLOSE: Plot and Title Map

16 STIMPSON CLOSE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 16 STIMPSON 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 16 STIMPSON 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 16 STIMPSON CLOSE?

16 STIMPSON CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 16 on STIMPSON CLOSE.