2, GUSCOTT CLOSE, LOWESTOFT, NR32 4WN - £137,000

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.

2 GUSCOTT CLOSE is a midsized semi-detached house of 90m², built sometime between 1996 and 2002, which could now be worth an estimated £236,287. It was last sold for £137,000 in November 2006, which was around 13% below the average November 2006 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

2 GUSCOTT CLOSE Sold Prices

Land registry data shows three sales for 2 GUSCOTT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 2 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
2006 24 NOV	£137,000	£158,003	13% below HPI
2005 30 JUN	£132,950	£142,582	7% below HPI
2000 31 AUG	£62,450	£72,077	13% below HPI

2 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 three 2 GUSCOTT CLOSE sales between August 2000 and November 2006 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 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2006 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 2 GUSCOTT CLOSE be worth now?

2 GUSCOTT CLOSE might now be worth an estimated £236,287.

This is based on house price inflation of 72.5%, between November 2006 and June 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 72.5% inflationary increase is applied to the most recent sale price for 2 GUSCOTT CLOSE of £137,000 on 24th November 2006. For the value to have increased from £137,000 to £236,287 over the nineteen years and five months to June 2025, the following assumptions must hold true:

• The value of 2 GUSCOTT CLOSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The November 2006 sale price of £137,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GUSCOTT CLOSE has not materially changed since November 2006.

How Large is 2 GUSCOTT CLOSE?

2 GUSCOTT CLOSE is 90m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 50% 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 2 GUSCOTT CLOSE lies on this distribution: 42% of semi-detached houses houses are smaller than 2 GUSCOTT CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 GUSCOTT CLOSE: Plot and Title Map

2 GUSCOTT CLOSE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 2 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 2 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 2 GUSCOTT CLOSE?

2 GUSCOTT CLOSE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 2 on GUSCOTT CLOSE.