7, MULBERRY CLOSE, LOWESTOFT, NR33 8PZ - £270,000

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.

7 MULBERRY CLOSE is a very small semi-detached house of 62m², built sometime between 2007 and 2011, which could now be worth an estimated £273,137. It was last sold for £270,000 in August 2024, which was around 2% below the average August 2024 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

7 MULBERRY CLOSE Sold Prices

Land registry data shows three sales for 7 MULBERRY 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 MULBERRY 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
2024 19 AUG	£270,000	£275,845	2% below HPI
2018 10 JAN	£174,990	£217,224	19% below HPI
2011 23 MAY	£149,950	£158,234	5% below HPI

7 MULBERRY 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 MULBERRY CLOSE sales between May 2011 and August 2024 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2024 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 7 MULBERRY CLOSE be worth now?

7 MULBERRY CLOSE might now be worth an estimated £273,137.

This is based on house price inflation of 1.2%, between August 2024 and February 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 1.2% inflationary increase is applied to the most recent sale price for 7 MULBERRY CLOSE of £270,000 on 19th August 2024. For the value to have increased from £270,000 to £273,137 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 7 MULBERRY CLOSE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The August 2024 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MULBERRY CLOSE has not materially changed since August 2024.

How Large is 7 MULBERRY CLOSE?

7 MULBERRY CLOSE is 62m² according to the EPC inspection conducted in October 2023. 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 7 MULBERRY CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 7 MULBERRY CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

7 MULBERRY CLOSE: Plot and Title Map

7 MULBERRY CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 7 MULBERRY 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 MULBERRY 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 MULBERRY CLOSE?

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