2, RENOIR PLACE, LOWESTOFT, NR32 4LY - £248,000

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 RENOIR PLACE is a large extended detached house of 119m², built sometime between 1967 and 1975, which could now be worth an estimated £341,917. It was last sold for £248,000 in January 2016, which was around 19% below the average January 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

2 RENOIR PLACE Sold Prices

Land registry data shows four sales for 2 RENOIR PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 2 RENOIR PLACE 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 19 JAN	£248,000	£305,207	19% below HPI
2014 30 MAY	£215,000	£270,247	20% below HPI
2002 26 MAR	£138,000	£144,145	4% below HPI
1999 9 DEC	£89,995	£102,241	12% below HPI

2 RENOIR PLACE 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 four 2 RENOIR PLACE sales between December 1999 and January 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 May 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2016 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 2 RENOIR PLACE be worth now?

2 RENOIR PLACE might now be worth an estimated £341,917.

This is based on house price inflation of 37.9%, between January 2016 and July 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 37.9% inflationary increase is applied to the most recent sale price for 2 RENOIR PLACE of £248,000 on 19th January 2016. For the value to have increased from £248,000 to £341,917 over the eight years and six months to July 2025, the following assumptions must hold true:

• The value of 2 RENOIR PLACE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The January 2016 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RENOIR PLACE has not materially changed since January 2016.

How Large is 2 RENOIR PLACE?

2 RENOIR PLACE is 119m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 30% 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 RENOIR PLACE lies on this distribution: 71% of detached houses houses are smaller than 2 RENOIR PLACE, and 28% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 RENOIR PLACE: Plot and Title Map

2 RENOIR PLACE sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of 2 RENOIR PLACE, 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 RENOIR PLACE). 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 RENOIR PLACE?

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