31, LUPTON CLOSE, OULTON, LOWESTOFT, NR32 3QS - £176,000

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 LUPTON CLOSE is a very small terraced house of 69m², built in 2017, which could now be worth an estimated £177,605. It was last sold for £176,000 in April 2023, which was around 15% below the average April 2023 terraced price in the East Suffolk local authority area. The most recent EPC inspection was July 2017, where the current energy rating was B, and the potential energy rating was A.

31 LUPTON CLOSE Sold Prices

Land registry data shows two sales for 31 LUPTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. Both of the two 31 LUPTON 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
2023 28 APR	£176,000	£207,909	15% below HPI
2018 19 JAN	£128,796	£162,668	21% below HPI

31 LUPTON 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 two 31 LUPTON CLOSE sales from January 2018 and April 2023 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 January 2018 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 31 LUPTON CLOSE be worth now?

31 LUPTON CLOSE might now be worth an estimated £177,605.

This is based on house price inflation of 0.9%, between April 2023 and April 2026, 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 0.9% inflationary increase is applied to the most recent sale price for 31 LUPTON CLOSE of £176,000 on 28th April 2023. For the value to have increased from £176,000 to £177,605 over the three years to April 2026, the following assumptions must hold true:

• The value of 31 LUPTON CLOSE has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The April 2023 sale price of £176,000 represented a fair market value for the property.
• The size, condition, and specification of 31 LUPTON CLOSE has not materially changed since April 2023.

How Large is 31 LUPTON CLOSE?

31 LUPTON CLOSE is 69m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% 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 LUPTON CLOSE lies on this distribution: 15% of terraced houses houses are smaller than 31 LUPTON CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

31 LUPTON CLOSE: Plot and Title Map

31 LUPTON CLOSE sits on a plot of roughly 0.027 of an acre, or 110m². The below map shows the location of 31 LUPTON 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 LUPTON 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 LUPTON CLOSE?

31 LUPTON CLOSE is located in OULTON, in the NR32 postcode district. The below map shows the position of No. 31 on LUPTON CLOSE.