31, BUTTERCUP CLOSE, LOWESTOFT, NR33 8NX - £162,000

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.

31 BUTTERCUP CLOSE is a very small terraced house of 52m², built sometime between 1991 and 1995, which could now be worth an estimated £178,047. It was last sold for £162,000 in August 2021, which was around 15% below the average August 2021 terraced price in the East Suffolk local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

31 BUTTERCUP CLOSE Sold Prices

Land registry data shows three sales for 31 BUTTERCUP CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. All of the three 31 BUTTERCUP 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 23 AUG	£162,000	£191,320	15% below HPI
2019 19 FEB	£137,500	£168,114	18% below HPI
2014 27 MAR	£115,000	£125,689	9% below HPI

31 BUTTERCUP CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Suffolk local authority area over time, sourced from the HPI. The three 31 BUTTERCUP CLOSE sales between March 2014 and August 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 February 2019 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 31 BUTTERCUP CLOSE be worth now?

31 BUTTERCUP CLOSE might now be worth an estimated £178,047.

This is based on house price inflation of 9.9%, between August 2021 and June 2025, for terraced 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 9.9% inflationary increase is applied to the most recent sale price for 31 BUTTERCUP CLOSE of £162,000 on 23rd August 2021. For the value to have increased from £162,000 to £178,047 over the four years and two months to June 2025, the following assumptions must hold true:

• The value of 31 BUTTERCUP CLOSE has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The August 2021 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 31 BUTTERCUP CLOSE has not materially changed since August 2021.

How Large is 31 BUTTERCUP CLOSE?

31 BUTTERCUP CLOSE is 52m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 10% of terraced houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lowestoft, and where 31 BUTTERCUP CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 31 BUTTERCUP CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

31 BUTTERCUP CLOSE: Plot and Title Map

31 BUTTERCUP CLOSE sits on a plot of roughly 0.027 of an acre, or 108m². The below map shows the location of 31 BUTTERCUP 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 31 BUTTERCUP 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 31 BUTTERCUP CLOSE?

31 BUTTERCUP CLOSE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 31 on BUTTERCUP CLOSE.