4, NEWLANDS CLOSE, LOWESTOFT, NR33 7EY - £157,000

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.

4 NEWLANDS CLOSE is a very small semi-detached house of 62m², built sometime between 1950 and 1966, which could now be worth an estimated £223,040. It was last sold for £157,000 in February 2016, which was around 18% below the average February 2016 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

4 NEWLANDS CLOSE Sold Prices

Land registry data shows four sales for 4 NEWLANDS 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. Most of the four 4 NEWLANDS 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
2016 12 FEB	£157,000	£191,823	18% below HPI
2007 14 SEP	£149,950	£174,286	14% below HPI
2002 8 NOV	£109,995	£107,943	2% above HPI
1996 21 OCT	£47,000	£47,674	1% below HPI

4 NEWLANDS 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 4 NEWLANDS CLOSE sales between October 1996 and February 2016 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 September 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 4 NEWLANDS CLOSE be worth now?

4 NEWLANDS CLOSE might now be worth an estimated £223,040.

This is based on house price inflation of 42.1%, between February 2016 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 42.1% inflationary increase is applied to the most recent sale price for 4 NEWLANDS CLOSE of £157,000 on 12th February 2016. For the value to have increased from £157,000 to £223,040 over the eight years and eight months to June 2025, the following assumptions must hold true:

• The value of 4 NEWLANDS CLOSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The February 2016 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of 4 NEWLANDS CLOSE has not materially changed since February 2016.

How Large is 4 NEWLANDS CLOSE?

4 NEWLANDS CLOSE is 62m² according to the EPC inspection conducted in February 2020. 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 4 NEWLANDS CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 4 NEWLANDS CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

4 NEWLANDS CLOSE: Plot and Title Map

4 NEWLANDS CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 4 NEWLANDS 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 4 NEWLANDS 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 4 NEWLANDS CLOSE?

4 NEWLANDS CLOSE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 4 on NEWLANDS CLOSE.