3, PORTHOLE CLOSE, CARLTON COLVILLE, LOWESTOFT, NR33 8GS - £129,950

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 PORTHOLE CLOSE is a very small semi-detached house of 54m², built sometime between 1996 and 2002, which could now be worth an estimated £210,645. It was last sold for £129,950 in May 2014, which was around 25% below the average May 2014 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

3 PORTHOLE CLOSE Sold Prices

Land registry data shows two sales for 3 PORTHOLE 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 3 PORTHOLE 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
2014 23 MAY	£129,950	£172,150	25% below HPI
2002 6 DEC	£83,950	£107,967	22% below HPI

3 PORTHOLE 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 two 3 PORTHOLE CLOSE sales from December 2002 and May 2014 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 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2014 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 3 PORTHOLE CLOSE be worth now?

3 PORTHOLE CLOSE might now be worth an estimated £210,645.

This is based on house price inflation of 62.1%, between May 2014 and February 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 62.1% inflationary increase is applied to the most recent sale price for 3 PORTHOLE CLOSE of £129,950 on 23rd May 2014. For the value to have increased from £129,950 to £210,645 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 3 PORTHOLE CLOSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The May 2014 sale price of £129,950 represented a fair market value for the property.
• The size, condition, and specification of 3 PORTHOLE CLOSE has not materially changed since May 2014.

How Large is 3 PORTHOLE CLOSE?

3 PORTHOLE CLOSE is 54m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% 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 PORTHOLE CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 3 PORTHOLE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

3 PORTHOLE CLOSE: Plot and Title Map

3 PORTHOLE CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 3 PORTHOLE 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 PORTHOLE 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 PORTHOLE CLOSE?

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