2, RIDGEVILLE, CARLTON COLVILLE, LOWESTOFT, NR33 8UA - £265,000

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 RIDGEVILLE is a small detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £253,563. It was last sold for £265,000 in September 2022, which was around 40% below the average September 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

2 RIDGEVILLE Sold Prices

Land registry data shows three sales for 2 RIDGEVILLE 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 RIDGEVILLE 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
2022 7 SEP	£265,000	£439,768	40% below HPI
2007 17 AUG	£164,500	£261,787	37% below HPI
1998 22 OCT	£59,000	£90,742	35% below HPI

2 RIDGEVILLE 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 RIDGEVILLE sales between October 1998 and September 2022 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 August 2007 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2022 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 2 RIDGEVILLE be worth now?

2 RIDGEVILLE might now be worth an estimated £253,563.

This is based on house price deflation of 4.3%, between September 2022 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 4.3% deflationary decrease is applied to the most recent sale price for 2 RIDGEVILLE of £265,000 on 7th September 2022. For the value to have decreased from £265,000 to £253,563 over the three years and two months to July 2025, the following assumptions must hold true:

• The value of 2 RIDGEVILLE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The September 2022 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RIDGEVILLE has not materially changed since September 2022.

How Large is 2 RIDGEVILLE?

2 RIDGEVILLE is 80m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 40% 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 RIDGEVILLE lies on this distribution: 30% of detached houses houses are smaller than 2 RIDGEVILLE, and 69% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 RIDGEVILLE: Plot and Title Map

2 RIDGEVILLE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 2 RIDGEVILLE, 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 RIDGEVILLE). 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 RIDGEVILLE?

2 RIDGEVILLE is located in CARLTON COLVILLE, in the NR33 postcode district. The below map shows the position of No. 2 on RIDGEVILLE.