16, VERDURE CLOSE, LOWESTOFT, NR32 4WR - £132,500

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.

16 VERDURE CLOSE is a semi-detached house, which could now be worth an estimated £289,925. It was last sold for £132,500 in September 2003, which was around 8% above the average September 2003 semi-detached price in the East Suffolk local authority area.

16 VERDURE CLOSE Sold Prices

Land registry data shows two sales for 16 VERDURE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. Both of the two 16 VERDURE 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
2003 26 SEP	£132,500	£122,201	8% above HPI
2000 22 SEP	£79,995	£71,815	11% above HPI

What might 16 VERDURE CLOSE be worth now?

16 VERDURE CLOSE might now be worth an estimated £289,925.

This is based on house price inflation of 118.8%, between September 2003 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 118.8% inflationary increase is applied to the most recent sale price for 16 VERDURE CLOSE of £132,500 on 26th September 2003. For the value to have increased from £132,500 to £289,925 over the 23 years and four months to May 2026, the following assumptions must hold true:

• The value of 16 VERDURE CLOSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The September 2003 sale price of £132,500 represented a fair market value for the property.
• The size, condition, and specification of 16 VERDURE CLOSE has not materially changed since September 2003.

Where is 16 VERDURE CLOSE?

16 VERDURE CLOSE is located in LOWESTOFT, in the NR32 postcode district.