7, DRURY CLOSE, KESSINGLAND, LOWESTOFT, NR33 7ST - £177,500

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.

7 DRURY CLOSE is a midsized extended semi-detached house of 107m², built sometime between 1976 and 1982, which could now be worth an estimated £252,055. It was last sold for £177,500 in June 2015, which was around 6% below the average June 2015 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

7 DRURY CLOSE Sold Prices

Land registry data shows three sales for 7 DRURY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 7 DRURY 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
2015 9 JUN	£177,500	£188,299	6% below HPI
2003 20 JUN	£97,000	£115,997	16% below HPI
2001 12 JAN	£59,995	£74,279	19% below HPI

7 DRURY 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 three 7 DRURY CLOSE sales between January 2001 and June 2015 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 June 2003 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2015 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 7 DRURY CLOSE be worth now?

7 DRURY CLOSE might now be worth an estimated £252,055.

This is based on house price inflation of 42%, between June 2015 and May 2026, 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% inflationary increase is applied to the most recent sale price for 7 DRURY CLOSE of £177,500 on 9th June 2015. For the value to have increased from £177,500 to £252,055 over the eleven years and one month to May 2026, the following assumptions must hold true:

• The value of 7 DRURY CLOSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The June 2015 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 7 DRURY CLOSE has not materially changed since June 2015.

How Large is 7 DRURY CLOSE?

7 DRURY CLOSE is 107m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 50% of semi-detached houses houses in Kessingland, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Kessingland, and where 7 DRURY CLOSE lies on this distribution: 56% of semi-detached houses houses are smaller than 7 DRURY CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Kessingland.

7 DRURY CLOSE: Plot and Title Map

7 DRURY CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 7 DRURY 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 7 DRURY 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 7 DRURY CLOSE?

7 DRURY CLOSE is located in KESSINGLAND, in the NR33 postcode district. The below map shows the position of No. 7 on DRURY CLOSE.