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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 RENOIR PLACE is a large extended detached house of 119m², built sometime between 1967 and 1975. 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	£305,160	19% below HPI
2014 30 MAY	£215,000	£270,205	20% below HPI
2002 26 MAR	£138,000	£144,123	4% below HPI
1999 9 DEC	£89,995	£102,225	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.

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 in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 2 RENOIR PLACE lies on this distribution: 71% of detached 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.