5, PRITCHARD CLOSE, OULTON, LOWESTOFT, NR32 3QY - £200,000

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.

5 PRITCHARD CLOSE is a very small semi-detached house of 69m², which could now be worth an estimated £241,670. It was last sold for £200,000 in February 2020, which was around 11% below the average February 2020 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was December 2017, where the current energy rating was B, and the potential energy rating was A.

5 PRITCHARD CLOSE Sold Prices

Land registry data shows two sales for 5 PRITCHARD 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 5 PRITCHARD 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
2020 21 FEB	£200,000	£225,523	11% below HPI
2017 21 DEC	£176,995	£216,362	18% below HPI

5 PRITCHARD 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 5 PRITCHARD CLOSE sales from December 2017 and February 2020 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 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 5 PRITCHARD CLOSE be worth now?

5 PRITCHARD CLOSE might now be worth an estimated £241,670.

This is based on house price inflation of 20.8%, between February 2020 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 20.8% inflationary increase is applied to the most recent sale price for 5 PRITCHARD CLOSE of £200,000 on 21st February 2020. For the value to have increased from £200,000 to £241,670 over the four years and eight months to June 2025, the following assumptions must hold true:

• The value of 5 PRITCHARD CLOSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The February 2020 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PRITCHARD CLOSE has not materially changed since February 2020.

How Large is 5 PRITCHARD CLOSE?

5 PRITCHARD CLOSE is 69m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 20% 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 5 PRITCHARD CLOSE lies on this distribution: 15% of semi-detached houses houses are smaller than 5 PRITCHARD CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

5 PRITCHARD CLOSE: Plot and Title Map

5 PRITCHARD CLOSE sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 5 PRITCHARD 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 5 PRITCHARD 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 5 PRITCHARD CLOSE?

5 PRITCHARD CLOSE is located in OULTON, in the NR32 postcode district. The below map shows the position of No. 5 on PRITCHARD CLOSE.