3, MAST CLOSE, CARLTON COLVILLE, LOWESTOFT, NR33 8GU - £174,000

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.

3 MAST CLOSE is a small semi-detached house of 75m², built sometime between 1996 and 2002, which could now be worth an estimated £210,039. It was last sold for £174,000 in November 2018, which was around 23% below the average November 2018 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

3 MAST CLOSE Sold Prices

Land registry data shows four sales for 3 MAST 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 3 MAST 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
2018 16 NOV	£174,000	£225,753	23% below HPI
2015 12 JUN	£156,000	£188,299	17% below HPI
2004 28 MAY	£116,500	£136,408	15% below HPI
2001 27 APR	£70,950	£77,242	8% below HPI

3 MAST 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 3 MAST CLOSE sales between April 2001 and November 2018 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 2015 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2018 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 3 MAST CLOSE be worth now?

3 MAST CLOSE might now be worth an estimated £210,039.

This is based on house price inflation of 20.7%, between November 2018 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 20.7% inflationary increase is applied to the most recent sale price for 3 MAST CLOSE of £174,000 on 16th November 2018. For the value to have increased from £174,000 to £210,039 over the seven years and five months to June 2025, the following assumptions must hold true:

• The value of 3 MAST CLOSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The November 2018 sale price of £174,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MAST CLOSE has not materially changed since November 2018.

How Large is 3 MAST CLOSE?

3 MAST CLOSE is 75m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% 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 3 MAST CLOSE lies on this distribution: 23% of semi-detached houses houses are smaller than 3 MAST CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

3 MAST CLOSE: Plot and Title Map

3 MAST CLOSE sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 3 MAST 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 3 MAST 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 3 MAST CLOSE?

3 MAST CLOSE is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 3 on MAST CLOSE.