2, MONCKTON AVENUE, LOWESTOFT, NR32 3EG - £320,000

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.

2 MONCKTON AVENUE is a midsized extended detached house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £319,212. It was last sold for £320,000 in February 2024, which was around 25% below the average February 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

2 MONCKTON AVENUE Sold Prices

Land registry data shows three sales for 2 MONCKTON AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 2 MONCKTON AVENUE 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 7 FEB	£320,000	£424,090	25% below HPI
2014 23 MAY	£229,950	£270,247	15% below HPI
1999 12 NOV	£82,500	£100,135	18% below HPI

2 MONCKTON AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 2 MONCKTON AVENUE sales between November 1999 and February 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 May 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2024 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2 MONCKTON AVENUE be worth now?

2 MONCKTON AVENUE might now be worth an estimated £319,212.

This is based on house price deflation of 0.2%, between February 2024 and February 2025, for 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 0.2% deflationary decrease is applied to the most recent sale price for 2 MONCKTON AVENUE of £320,000 on 7th February 2024. For the value to have decreased from £320,000 to £319,212 over the one year to February 2025, the following assumptions must hold true:

• The value of 2 MONCKTON AVENUE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The February 2024 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MONCKTON AVENUE has not materially changed since February 2024.

How Large is 2 MONCKTON AVENUE?

2 MONCKTON AVENUE is 104m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 50% of detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowestoft, and where 2 MONCKTON AVENUE lies on this distribution: 58% of detached houses houses are smaller than 2 MONCKTON AVENUE, and 42% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 MONCKTON AVENUE: Plot and Title Map

2 MONCKTON AVENUE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 2 MONCKTON AVENUE, 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 2 MONCKTON AVENUE). 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 2 MONCKTON AVENUE?

2 MONCKTON AVENUE is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 2 on MONCKTON AVENUE.